1603 Oak Place CtPearlandTX77581
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Pearland at 1603 Oak Place Ct, Pearland, TX, 77581 offers $2,987/mo rent that, after a $1,793/mo payment. Total monthly income is $2,987/mo. Return on cash invested measures 8.57% in year one, and rental yield stands at 9.78% at a $366,360 entry. Equity gained on principal adds $2,364/yr while 5% annual appreciation compounds into $101,219 by year five. Five-year ROI records 48.75% and total cumulative return in cash reaches $59,210. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,987/mo property income versus a $1,793/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
7,348 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77581, Pearland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,504 (100%) |
| Owner Occupied HU | 13,926 (75.3%) |
| Renter Occupied HU | 3,712 (20.1%) |
| Vacant Housing Units | 866 ( 4.7%) |
| Median Home Value | $351,364 |
| Average Home Value | $371,871 |
Housing Distribution
Address Breakdown
Residential
18,020
Single Family
15,010
Multi-Family
3,010
Businesses
1,581
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