348 Road 5604
Cleveland, TX 77327
List Price
$182,000
Initial Investment
$49,595Purchase Price
$182,000
Down Payment
25%
Rent
$1,600
Total Return
$67,284
Annualized Return
19.8%
Cap Rate
6.6%
Gross Yield
10.5%
Cash Flow
$1,943
Appreciation
5.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
24,829
HOA
$10/mo
Flood Risk
Not Required
Thank you for showing this beautiful property! Situated on a 0.57-acre corner lot, this immaculate home offers plenty of space and convenience. The property boasts two entryways—one from the front and another from the side—providing easy access to the main road. Inside, you'll find 3 bedrooms and 2 baths, perfect for comfortable living.
Located near the neighborhood’s new schools, this home is an ideal choice for families. The refrigerator will convey with the property, and a very large shed will also remain, offering ample storage space.
Please verify measurements, schools, and taxes.
See more in Analysis
Ariana White
EXP Realty, LLC
TX Agent License #714146
Annual Financial Highlights
Expected Rent
$18,240Expenses
-$3,102Property Taxes
-$3,300Loan Payments
-$9,894Net Cash Flow
$1,943See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Certified Agent Brokerage:Ariana White
EXP Realty, LLC
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TX Brokerage License 603392
SourceHouston Association of REALTORS®
MLS #14265005
Last Updated: 08/14/2025 13:08
MLS #14265005
Last Updated: 08/14/2025 13:08