2523 Carriage LnStaffordTX77477
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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
Rental property for sale in Stafford at 2523 Carriage Ln, Stafford, TX, 77477 generates $2,744/mo in rent and, after a $1,468/mo payment, leaves $611/mo in cash flow. Total monthly income is $2,744/mo, and annual cash flow is $7,332/yr on $99,450 invested. Return on cash invested sits at 27.28% in year one, and rental yield is 10.98% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 143.57% and total cumulative return in cash sums $142,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,744/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
8,890 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77477, Stafford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,943 (100%) |
| Owner Occupied HU | 6,026 (37.8%) |
| Renter Occupied HU | 8,493 (53.3%) |
| Vacant Housing Units | 1,424 ( 8.9%) |
| Median Home Value | $281,260 |
| Average Home Value | $312,979 |
Housing Distribution
Address Breakdown
Residential
14,307
Single Family
7,249
Multi-Family
7,058
Businesses
2,367
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