








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Red Oak at 105 Waterview Pkwy, Red Oak, TX, 75154 priced at $368,000 pairs $2,802/mo rent with $185/mo cash flow after a $1,801/mo payment. Total monthly income equals $2,802/mo, and annual cash flow comes to $2,223/yr on $121,992 invested. Return on cash invested is 21.73% in year one, and rental yield stands at 9.14% on a $368,000 basis. Equity gained on principal adds $2,375/yr, and 5% annual appreciation accumulates to $101,672 by year five. Five-year ROI measures 113.85% and total cumulative return in cash reaches $138,889. For financing, Ziffy Mortgage’s DSCR program evaluates $2,802/mo property income against a $1,801/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: James Spence • StepStone Realty LLC
Mls Name: NTREIS
Mls ID: #21092335