2309 Cedar StPearlandTX77581
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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 Pearland at 2309 Cedar St, Pearland, TX, 77581 offers a 10.36% rental yield on a $289,000 purchase with $2,494/mo rent. Total monthly income registers $2,494/mo, and a $1,415/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,261/yr on $95,804 to close, and return on cash invested stands at 25.4% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 133.53% and total cumulative return in cash at $127,922. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,494/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
9,239 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77581, Pearland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,504 (100%) |
| Owner Occupied HU | 13,926 (75.3%) |
| Renter Occupied HU | 3,712 (20.1%) |
| Vacant Housing Units | 866 ( 4.7%) |
| Median Home Value | $351,364 |
| Average Home Value | $371,871 |
Housing Distribution
Address Breakdown
Residential
18,020
Single Family
15,010
Multi-Family
3,010
Businesses
1,581
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