194 deer parkCenter PointTX78010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Center Point at 194 deer park, Center Point, TX, 78010 priced at $520,000 converts $3,869/mo rent into $171/mo cash flow after a $2,545/mo obligation. Total monthly income equals $3,869/mo, and annual cash flow totals $2,056/yr on $171,080 invested. Return on cash invested prints 21.26% in year one, and rental yield reads 8.93% against a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,666 by year five. Five-year ROI reaches 111.3% and total cumulative return in cash sums $190,415. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,869/mo property income covering a $2,545/mo payment, not borrower’s personal income.
Single Family
Built in 2014
6.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78010, Center Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,533 (100%) |
| Owner Occupied HU | 1,041 (67.9%) |
| Renter Occupied HU | 294 (19.2%) |
| Vacant Housing Units | 198 (12.9%) |
| Median Home Value | $366,009 |
| Average Home Value | $610,776 |
Housing Distribution
Address Breakdown
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Summers • Option One Real Estate
Mls Name: SABOR
Mls Provider:
Mls ID: #1758216
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.