15 Schmidt RdWallerTX77484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Waller at 15 Schmidt Rd, Waller, TX, 77484 priced at $250,515 pairs $1,944/mo rent with $163/mo cash flow after a $1,226/mo payment. Total monthly income equals $1,944/mo, and annual cash flow comes to $1,952/yr on $83,046 invested. Return on cash invested is 22.26% in year one, and rental yield stands at 9.31% on a $250,515 basis. Equity gained on principal adds $1,617/yr, and 5% annual appreciation accumulates to $69,213 by year five. Five-year ROI measures 116.66% and total cumulative return in cash reaches $96,880. For financing, Ziffy Mortgage’s DSCR program evaluates $1,944/mo property income against a $1,226/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77484, Waller, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 3,507 (63.1%) |
| Renter Occupied HU | 1,528 (27.5%) |
| Vacant Housing Units | 519 ( 9.3%) |
| Median Home Value | $338,828 |
| Average Home Value | $419,791 |
Housing Distribution
Address Breakdown
Residential
5,374
Single Family
4,936
Multi-Family
438
Businesses
511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Whitley Fisher • Capitol Ranch Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #44884270
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.