1348 County Road 2013Walnut SpringsTX76690
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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 Walnut Springs at 1348 County Road 2013, Walnut Springs, TX, 76690 generates $1,936/mo in rent, after a $2,614/mo payment. Total monthly income is $1,936/mo. Return on cash invested sits at 7.34% in year one, and rental yield is 4.35% on a $534,000 entry. Equity gained on principal adds $3,446/yr, while 5% annual appreciation builds toward $147,534 over five years. Five-year ROI reaches 36.67% and total cumulative return in cash sums $64,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,936/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
11.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76690, Walnut Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 720 (100%) |
| Owner Occupied HU | 451 (62.6%) |
| Renter Occupied HU | 116 (16.1%) |
| Vacant Housing Units | 153 (21.2%) |
| Median Home Value | $237,121 |
| Average Home Value | $330,477 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
500
Multi-Family
0
Businesses
28
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Listed by: Danielle Ivery • The Vibe Brokerage, LLC
Mls Name: NTREIS
Mls ID: #21040481