161 Woodman DrClevelandTX77328
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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
Investment property for sale in Cleveland at 161 Woodman Dr, Cleveland, TX, 77328 uses $62,982 cash to close to unlock $2,086/yr annual cash flow and $174/mo monthly cash flow. Total monthly income runs $1,525/mo, and a $930/mo payment keeps the spread at $174/mo. Purchase price stands at $189,990, and rental yield measures 9.63% with $1,525/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $52,491 over five years. Five-year ROI reaches 121.82% and total cumulative return in cash records $76,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,525/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 2007
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77328, Cleveland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,134 (100%) |
| Owner Occupied HU | 5,423 (76.0%) |
| Renter Occupied HU | 976 (13.7%) |
| Vacant Housing Units | 735 (10.3%) |
| Median Home Value | $258,796 |
| Average Home Value | $360,393 |
Housing Distribution
Address Breakdown
Residential
6,637
Single Family
6,636
Multi-Family
1
Businesses
328
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