12 Dove StNew WaverlyTX77358
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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
Rental property for sale in New Waverly at 12 Dove St, New Waverly, TX, 77358 generates $1,514/mo in rent and, after a $930/mo payment, leaves $163/mo in cash flow. Total monthly income is $1,514/mo, and annual cash flow is $1,954/yr on $62,985 invested. Return on cash invested sits at 23.01% in year one, and rental yield is 9.56% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 120.7% and total cumulative return in cash sums $76,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,514/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77358, New Waverly, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,582 (100%) |
| Owner Occupied HU | 1,737 (67.3%) |
| Renter Occupied HU | 402 (15.6%) |
| Vacant Housing Units | 443 (17.2%) |
| Median Home Value | $249,672 |
| Average Home Value | $390,974 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,047
Multi-Family
50
Businesses
230
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Listed by: Alicia Lansford • Markham Realty, Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #6982616
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