2615 Austins PlSugar LandTX77478
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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 2615 Austins Pl, Sugar Land, TX, 77478 uses $99,417 cash to close to unlock $5,559/yr annual cash flow and $463/mo monthly cash flow. Total monthly income runs $2,596/mo, and a $1,468/mo payment keeps the spread at $463/mo. Purchase price stands at $299,900, and rental yield measures 10.39% with $2,596/mo rent. Return on cash invested shows 25.5% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 134.07% and total cumulative return in cash records $133,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,596/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1983
6,542 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77478, Sugar Land, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,079 (100%) |
| Owner Occupied HU | 7,151 (70.9%) |
| Renter Occupied HU | 2,428 (24.1%) |
| Vacant Housing Units | 500 ( 5.0%) |
| Median Home Value | $434,656 |
| Average Home Value | $499,149 |
Housing Distribution
Address Breakdown
Residential
9,679
Single Family
8,168
Multi-Family
1,511
Businesses
2,293
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Listed by: Mandy Chang • First Houston Mgmt., Co
Mls Name: HAR
Mls ID: #16372242