LOT 15 Coldwater Drive LOT 15Center PtTX78010
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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 Center Pt at LOT 15 Coldwater Drive LOT 15, Center Pt, TX, 78010 with 5% annual appreciation on a $200,000 basis while $2,231/mo rent supports operations. Total monthly income totals $2,231/mo and a $979/mo payment preserves $751/mo for cash returns. Annual cash flow comes to $9,009/yr on $66,300 deployed, and return on cash invested reaches 33.5% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 13.39%. Five-year ROI measures 177.32% and total cumulative return in cash totals $117,560.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,231/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
5.03 Acres lot
$N/A/sqft
$695 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78010, Center Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,533 (100%) |
| Owner Occupied HU | 1,041 (67.9%) |
| Renter Occupied HU | 294 (19.2%) |
| Vacant Housing Units | 198 (12.9%) |
| Median Home Value | $366,009 |
| Average Home Value | $610,776 |
Housing Distribution
Address Breakdown
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
95
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Listed by: Stacy Canavan • Keller Williams Boerne
Mls Name: SABOR
Mls Provider:
Mls ID: #1766186
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.