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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in West at 1633 Mechell, West, TX, 76691 earns from $1,748/mo rent with a $2,643/mo payment. Total monthly income totals $1,748/mo. ROI tracks 5.93% on current figures, and rental yield reads 3.88% at a $540,000 purchase. Equity gained on principal adds $3,485/yr, and 5% annual appreciation supports $149,192 over five years. Five-year ROI reaches 29.06% and total cumulative return in cash sums $51,626. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,748/mo property income instead of your personal income.
Single Family
Built in 1938
50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76691, West, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,894 (100%) |
| Owner Occupied HU | 2,109 (72.9%) |
| Renter Occupied HU | 569 (19.7%) |
| Vacant Housing Units | 216 ( 7.5%) |
| Median Home Value | $298,397 |
| Average Home Value | $355,776 |
Residential
2,793
Single Family
2,717
Multi-Family
76
Businesses
240
Date | Event | Price |
|---|---|---|
| 2024-11-12 | Price change | $540,000 |
| 2024-07-12 | Listed for sale | $560,000 |
| 2024-05-13 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $575.59 | N/A | $348,461 | 2.78% |
| 2023-12-27 | N/A | N/A | $339,045 | 9.93% |
| 2022-12-27 | $586.54 | 0.48% | $308,432 | 15.49% |
Listed by: Chelsea Goode • Real Broker, LLC
Mls Name: WMLS
Mls Provider:
Mls ID: #224235
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-12-26 23:55:32 PST
