2803 Canyon DrPearlandTX77584
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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 Pearland at 2803 Canyon Dr, Pearland, TX, 77584 generates $4,900/mo in rent and, after a $2,716/mo payment, leaves $954/mo in cash flow. Total monthly income is $4,900/mo, and annual cash flow is $11,445/yr on $182,595 invested. Return on cash invested sits at 26.33% in year one, and rental yield is 10.59% on a $555,000 entry. Equity gained on principal adds $3,581/yr, while 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 138.45% and total cumulative return in cash sums $252,812. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,900/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
10,458 sqft lot
$N/A/sqft
No 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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