216 S William Barnett AveClevelandTX77327
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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 216 S William Barnett Ave, Cleveland, TX, 77327 at $239,500 posts ROI 24.57% with $308/mo cash flow from $2,011/mo rent. Total monthly income equals $2,011/mo, and annual cash flow records $3,697/yr on $79,394 to close. Return on cash invested measures 24.57% and rental yield reads 10.08% at the current $239,500. Equity gained on principal adds $1,545/yr, and 5% annual appreciation supports $66,169 by year five. Five-year ROI prints 129.08% and total cumulative return in cash totals $102,481.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,011/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
10,876 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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