2510 Grants Lake Blvd APT 23Sugar 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 2510 Grants Lake Blvd APT 23, Sugar Land, TX, 77479 listed at $255,000 pairs $1,926/mo rent with a $1,248/mo payment to leave $113/mo cash flow. Total monthly income runs $1,926/mo, and annual cash flow reaches $1,353/yr on $84,533 cash to close. Return on cash invested measures 21.51% in year one, and rental yield registers 9.06% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 112.62% and total cumulative return in cash totals $95,204. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,926/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
1,001 sqft 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: Karishma Naidu • Nextgen Real Estate Properties
Mls Name: HAR
Mls ID: #9908856