153 E Norway StWalnut 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 153 E Norway St, Walnut Springs, TX, 76690 priced at $210,000 pairs $0/mo rent with after a $1,028/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.84% in year one, and rental yield stands at 0% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.79 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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No similar rental properties found nearby.
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Listed by: Bailey Groves • Texas Real Estate Twins
Mls Name: NTREIS
Mls ID: #21077156