2299 Lone Star Dr APT 444Sugar LandTX77479
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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 Sugar Land at 2299 Lone Star Dr APT 444, Sugar Land, TX, 77479 uses $82,809 cash to close to unlock $7,071/yr annual cash flow and $589/mo monthly cash flow. Total monthly income runs $2,366/mo, and a $1,223/mo payment keeps the spread at $589/mo. Purchase price stands at $249,800, and rental yield measures 11.37% with $2,366/mo rent. Return on cash invested shows 28.45% in year one, and 5% annual appreciation builds toward $69,015 over five years. Five-year ROI reaches 149.89% and total cumulative return in cash records $124,123. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,366/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77479, Sugar Land, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,079 (100%) |
| Owner Occupied HU | 25,537 (79.6%) |
| Renter Occupied HU | 5,322 (16.6%) |
| Vacant Housing Units | 1,220 ( 3.8%) |
| Median Home Value | $496,309 |
| Average Home Value | $552,380 |
Housing Distribution
Address Breakdown
Residential
31,678
Single Family
28,532
Multi-Family
3,146
Businesses
1,373
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Listed by: Imelda Pradhan • Keller Williams Realty Southwest
Mls Name: HAR
Mls ID: #37388329