2942 Waterloo RdPearlandTX77581
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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 2942 Waterloo Rd, Pearland, TX, 77581 uses $101,108 cash to close to unlock $6,563/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $2,716/mo, and a $1,493/mo payment keeps the spread at $547/mo. Purchase price stands at $305,000, and rental yield measures 10.69% with $2,716/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 138.85% and total cumulative return in cash records $140,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,716/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1991
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77581, Pearland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,504 (100%) |
| Owner Occupied HU | 13,926 (75.3%) |
| Renter Occupied HU | 3,712 (20.1%) |
| Vacant Housing Units | 866 ( 4.7%) |
| Median Home Value | $351,364 |
| Average Home Value | $371,871 |
Housing Distribution
Address Breakdown
Residential
18,020
Single Family
15,010
Multi-Family
3,010
Businesses
1,581
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