2434 Covered Wagon DrCrosbyTX77532
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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 Crosby at 2434 Covered Wagon Dr, Crosby, TX, 77532 uses $92,286 cash to close to unlock $2,159/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,363/mo payment keeps the spread at $180/mo. Purchase price stands at $278,390, and rental yield measures 9.31% with $2,160/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $76,914 over five years. Five-year ROI reaches 116.61% and total cumulative return in cash records $107,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,363/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77532, Crosby, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,959 (100%) |
| Owner Occupied HU | 10,830 (77.6%) |
| Renter Occupied HU | 2,376 (17.0%) |
| Vacant Housing Units | 753 ( 5.4%) |
| Median Home Value | $295,326 |
| Average Home Value | $329,899 |
Housing Distribution
Address Breakdown
Residential
13,454
Single Family
13,004
Multi-Family
450
Businesses
669
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