2 Smith Loop EClevelandTX77327
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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 2 Smith Loop E, Cleveland, TX, 77327 listed at $815,000 pairs $2,879/mo rent with a $3,989/mo payment. Total monthly income runs $2,879/mo. Return on cash invested measures 5.82% in year one, and rental yield registers 4.24% at a $815,000 basis. Equity gained on principal adds $5,259/yr, and annual property appreciation at 5% supports $225,169 by year five. Five-year ROI tracks 28.92% and total cumulative return in cash totals $77,545. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,879/mo property income relative to a $3,989/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
1.32 Acres lot
$N/A/sqft
$3,180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77327, Cleveland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,928 (100%) |
| Owner Occupied HU | 11,362 (71.3%) |
| Renter Occupied HU | 2,751 (17.3%) |
| Vacant Housing Units | 1,815 (11.4%) |
| Median Home Value | $198,690 |
| Average Home Value | $213,135 |
Housing Distribution
Address Breakdown
Residential
17,794
Single Family
17,296
Multi-Family
498
Businesses
630
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Listed by: Janice Character • Keller Williams Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #62443893
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