907 Gondola St, Sugar Land, TX, 77478 | Equity Gain $10,318/yr

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sugar Land at 907 Gondola St, Sugar Land, TX, 77478 listed at $1,599,000 pairs $2,798/mo rent with a $7,826/mo payment. Total monthly income runs $2,798/mo. Return on cash invested measures 0.51% in year one, and rental yield registers 2.1% at a $1,599,000 basis. Equity gained on principal adds $10,318/yr, and annual property appreciation at 5% supports $441,774 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,798/mo property income relative to a $7,826/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1967

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Once in a lifetime opportunity- one of the most iconic waterfront spots in Ft Bend & greater Houston! Tree lined st-15,000+ sq ft lot- 2 80 yr old Live Oaks. Enter backyard & be mesmerized by one of the best views in area. From back porch unobstructed view almost 1/3 mile! Constant breeze off water. & wildlife living in private oasis. mallards swim & fly across the lake. Watch for owls in the evening, or rabbits & raccoon making way across yard. Bass Crappie & Catfish. Only few dozen homes get to be a part of Alkire & Horseshoe Lake & Eldridge Lake waters. Board your boat-visit neighbors in Alkire Lake. Miles of water, majestic trees & properties. Resort style living in country setting minutes from city. Custom home-very good condition. 2016 remodel-marble & wood floors updated kitchen-marble countertops, mstr bath w/rainfall shower. Custom American Beauty Boat-built in California to look like Christ Kraft woody Hull in great shape-will need some reupholstering & restoration.

Neighborhood Data

Neighborhood data shown for ZIP Code: 77478, Sugar Land, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,079 (100%)
Owner Occupied HU	7,151 (70.9%)
Renter Occupied HU	2,428 (24.1%)
Vacant Housing Units	500 ( 5.0%)
Median Home Value	$434,656
Average Home Value	$499,149