2615 Mandalay CtPearlandTX77584
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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 Pearland at 2615 Mandalay Ct, Pearland, TX, 77584 offers a 8.74% rental yield on a $509,000 purchase with $3,706/mo rent. Total monthly income registers $3,706/mo, and a $2,491/mo payment leaves $24/mo available for distribution. Annual cash flow reaches $287/yr on $167,461 to close, and return on cash invested stands at 20.23% in year one. Equity gained on principal adds $3,285/yr while 5% annual appreciation supports $140,627 over five years. Portfolio math shows five-year ROI at 105.92% and total cumulative return in cash at $177,373. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,706/mo property income against a $2,491/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
8,982 sqft lot
$N/A/sqft
$754 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77584, Pearland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,361 (100%) |
| Owner Occupied HU | 24,157 (68.3%) |
| Renter Occupied HU | 9,578 (27.1%) |
| Vacant Housing Units | 1,626 ( 4.6%) |
| Median Home Value | $367,856 |
| Average Home Value | $387,516 |
Housing Distribution
Address Breakdown
Residential
33,731
Single Family
27,172
Multi-Family
6,559
Businesses
2,061
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Listed by: Danny Foster • South Haus Living, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #24316641
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