2930 Grants Lake Blvd APT 2404Sugar LandTX77479
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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 Sugar Land at 2930 Grants Lake Blvd APT 2404, Sugar Land, TX, 77479 generates $2,053/mo in rent and, after a $1,072/mo payment, leaves $192/mo in cash flow. Total monthly income is $2,053/mo, and annual cash flow is $2,308/yr on $72,599 invested. Return on cash invested sits at 23.09% in year one, and rental yield is 11.25% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 122.96% and total cumulative return in cash sums $89,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,053/mo property income rather than buyer’s personal income.
Townhouse
Built in 1990
714 sqft lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77479, Sugar Land, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,079 (100%) |
| Owner Occupied HU | 25,537 (79.6%) |
| Renter Occupied HU | 5,322 (16.6%) |
| Vacant Housing Units | 1,220 ( 3.8%) |
| Median Home Value | $496,309 |
| Average Home Value | $552,380 |
Housing Distribution
Address Breakdown
Residential
31,678
Single Family
28,532
Multi-Family
3,146
Businesses
1,373
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Listed by: Aaron Yu • eXp Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #8577149
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