20005 Wade Hampton DrClevelandTX77327
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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 Cleveland at 20005 Wade Hampton Dr, Cleveland, TX, 77327 generates $2,376/mo in rent and, after a $1,429/mo payment, leaves $229/mo in cash flow. Total monthly income is $2,376/mo, and annual cash flow is $2,744/yr on $96,765 invested. Return on cash invested sits at 22.74% in year one, and rental yield is 9.77% on a $291,900 entry. Equity gained on principal adds $1,884/yr, while 5% annual appreciation builds toward $80,647 over five years. Five-year ROI reaches 119.59% and total cumulative return in cash sums $115,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,376/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
7,487 sqft lot
$N/A/sqft
No 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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