2918 Cherry Creek CirBryanTX77802
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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 Bryan at 2918 Cherry Creek Cir, Bryan, TX, 77802 uses $75,582 cash to close to unlock $127/yr annual cash flow and $11/mo monthly cash flow. Total monthly income runs $1,782/mo, and a $1,116/mo payment keeps the spread at $11/mo. Purchase price stands at $228,000, and rental yield measures 9.38% with $1,782/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 105.84% and total cumulative return in cash records $79,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,782/mo property income covering a $1,116/mo payment rather than investor’s personal income.
Condo
Built in 1972
4,935 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77802, Bryan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,627 (100%) |
| Owner Occupied HU | 6,256 (45.9%) |
| Renter Occupied HU | 6,078 (44.6%) |
| Vacant Housing Units | 1,293 ( 9.5%) |
| Median Home Value | $276,906 |
| Average Home Value | $343,455 |
Housing Distribution
Address Breakdown
Residential
12,585
Single Family
8,403
Multi-Family
4,182
Businesses
1,137
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Listed by: Rachel Carrabba • RE/MAX 2020
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24010279
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.