7115 S Elgin StPearlandTX77584
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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 7115 S Elgin St, Pearland, TX, 77584 with 5% annual appreciation on a $274,000 basis while $1,943/mo rent supports operations. 15% in year one. Equity gained on principal adds $1,768/yr, and five-year appreciation sums $75,701 alongside rental yield of 8.51%. Five-year ROI measures 80.23% and total cumulative return in cash totals $72,873. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,943/mo property income versus a $1,341/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2022
2,100 sqft lot
$N/A/sqft
$355 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77584, Pearland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,361 (100%) |
| Owner Occupied HU | 24,157 (68.3%) |
| Renter Occupied HU | 9,578 (27.1%) |
| Vacant Housing Units | 1,626 ( 4.6%) |
| Median Home Value | $367,856 |
| Average Home Value | $387,516 |
Housing Distribution
Address Breakdown
Residential
33,731
Single Family
27,172
Multi-Family
6,559
Businesses
2,061
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Listed by: Alexis Warren • The Closers Real Estate Group
Mls Name: HAR
Mls Provider:
Mls ID: #39074901
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