1318 Us Highway 90aWeimarTX78962
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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 Weimar at 1318 Us Highway 90a, Weimar, TX, 78962 offers a 14.65% rental yield on a $299,900 purchase with $3,662/mo rent. Total monthly income registers $3,662/mo, and a $1,468/mo payment leaves $1,529/mo available for distribution. Annual cash flow reaches $18,351/yr on $99,417 to close, and return on cash invested stands at 38.37% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 203.06% and total cumulative return in cash at $201,880. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,662/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2023
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78962, Weimar, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,496 (100%) |
| Owner Occupied HU | 1,629 (65.3%) |
| Renter Occupied HU | 325 (13.0%) |
| Vacant Housing Units | 542 (21.7%) |
| Median Home Value | $298,242 |
| Average Home Value | $479,954 |
Housing Distribution
Address Breakdown
Residential
2,104
Single Family
2,062
Multi-Family
42
Businesses
229
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Listed by: Gary Helmcamp • Tri-County Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #24023170
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