9961 Spring Creek RdClevelandTX77327
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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 9961 Spring Creek Rd, Cleveland, TX, 77327 generates $1,595/mo in rent, after a $1,322/mo payment. Total monthly income is $1,595/mo. Return on cash invested sits at 14.25% in year one, and rental yield is 7.09% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 74.24% and total cumulative return in cash sums $66,445. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,595/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
5,998 sqft lot
$N/A/sqft
$600 annually 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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Listed by: Regina Vollmer • Jane Byrd Properties International LLC
Mls Name: HAR
Mls Provider:
Mls ID: #62267891
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