10306 Schmidt RdWallerTX77484
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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 Waller at 10306 Schmidt Rd, Waller, TX, 77484 offers a 3.44% rental yield on a $1,289,000 purchase with $3,691/mo rent. 64% in year one. Equity gained on principal adds $8,318/yr while 5% annual appreciation supports $356,127 over five years. Portfolio math shows five-year ROI at 22.09% and total cumulative return in cash at $92,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,691/mo property income against a $6,309/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
16.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77484, Waller, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 3,507 (63.1%) |
| Renter Occupied HU | 1,528 (27.5%) |
| Vacant Housing Units | 519 ( 9.3%) |
| Median Home Value | $338,828 |
| Average Home Value | $419,791 |
Housing Distribution
Address Breakdown
Residential
5,374
Single Family
4,936
Multi-Family
438
Businesses
511
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