25372 Spruce LnClevelandTX77328
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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 Cleveland at 25372 Spruce Ln, Cleveland, TX, 77328 uses $49,692 cash to close to unlock $920/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $1,145/mo, and a $734/mo payment keeps the spread at $77/mo. Purchase price stands at $149,900, and rental yield measures 9.17% with $1,145/mo rent. Return on cash invested shows 21.76% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 114.03% and total cumulative return in cash records $56,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,145/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 2019
10,798 sqft lot
$N/A/sqft
$25 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77328, Cleveland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,134 (100%) |
| Owner Occupied HU | 5,423 (76.0%) |
| Renter Occupied HU | 976 (13.7%) |
| Vacant Housing Units | 735 (10.3%) |
| Median Home Value | $258,796 |
| Average Home Value | $360,393 |
Housing Distribution
Address Breakdown
Residential
6,637
Single Family
6,636
Multi-Family
1
Businesses
328
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Listed by: Kourtney Scroggins • Designed Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #73017432
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