117 Wayman DrWhitneyTX76692
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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 Whitney at 117 Wayman Dr, Whitney, TX, 76692 with 5% annual appreciation on a $225,000 basis while $2,011/mo rent supports operations. Total monthly income totals $2,011/mo and a $1,101/mo payment preserves $411/mo for cash returns. Annual cash flow comes to $4,935/yr on $74,588 deployed, and return on cash invested reaches 26.53% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 10.73%. Five-year ROI measures 139.58% and total cumulative return in cash totals $104,109.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,011/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76692, Whitney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,896 (100%) |
| Owner Occupied HU | 3,761 (63.8%) |
| Renter Occupied HU | 1,075 (18.2%) |
| Vacant Housing Units | 1,060 (18.0%) |
| Median Home Value | $208,810 |
| Average Home Value | $235,824 |
Housing Distribution
Address Breakdown
Residential
5,135
Single Family
5,079
Multi-Family
56
Businesses
377
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Listed by: Michael Miller • CENTURY 21 Judge Fite Company
Mls Name: NTREIS
Mls ID: #21042574
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.