22 County Road 2267ClevelandTX77327
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
Investment property for sale in Cleveland at 22 County Road 2267, Cleveland, TX, 77327 uses $106,047 cash to close to unlock $2,675/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $2,498/mo, and a $1,566/mo payment keeps the spread at $223/mo. Purchase price stands at $319,900, and rental yield measures 9.37% with $2,498/mo rent. Return on cash invested shows 22.43% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 117.58% and total cumulative return in cash records $124,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,498/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1970
1.96 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ethan Cameron • Cameron Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #57524038
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.