5515 Charlton Ridge LnFulshearTX77441
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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 Fulshear at 5515 Charlton Ridge Ln, Fulshear, TX, 77441 generates $6,859/mo in rent, after a $6,608/mo payment. Total monthly income is $6,859/mo. Return on cash invested sits at 12.51% in year one, and rental yield is 6.1% on a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation builds toward $372,980 over five years. Five-year ROI reaches 64.41% and total cumulative return in cash sums $281,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,859/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
0.38 Acres lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77441, Fulshear, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,108 (100%) |
| Owner Occupied HU | 11,017 (84.0%) |
| Renter Occupied HU | 1,238 ( 9.4%) |
| Vacant Housing Units | 853 ( 6.5%) |
| Median Home Value | $590,317 |
| Average Home Value | $618,723 |
Housing Distribution
Address Breakdown
Residential
11,368
Single Family
10,639
Multi-Family
729
Businesses
493
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Listed by: Rhonda Berry-Pohlman • Keller Williams Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #33546761
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