406 County Road 3415ClevelandTX77327
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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 Cleveland at 406 County Road 3415, Cleveland, TX, 77327 generates $1,515/mo in rent and, after a $979/mo payment, leaves $93/mo in cash flow. Total monthly income is $1,515/mo, and annual cash flow is $1,112/yr on $66,300 invested. Return on cash invested sits at 21.59% in year one, and rental yield is 9.09% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 113.06% and total cumulative return in cash sums $74,960. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,515/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77327, Cleveland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,928 (100%) |
| Owner Occupied HU | 11,362 (71.3%) |
| Renter Occupied HU | 2,751 (17.3%) |
| Vacant Housing Units | 1,815 (11.4%) |
| Median Home Value | $198,690 |
| Average Home Value | $213,135 |
Housing Distribution
Address Breakdown
Residential
17,794
Single Family
17,296
Multi-Family
498
Businesses
630
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