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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% |
Rental property for sale in Red Rock at 1672 Watterson Rd, Red Rock, TX, 78662 priced at $558,000 pairs $2,986/mo rent with after a $2,731/mo payment. Total monthly income equals $2,986/mo. Return on cash invested is 13.64% in year one, and rental yield stands at 6.42% on a $558,000 basis. Equity gained on principal adds $3,601/yr, and 5% annual appreciation accumulates to $154,165 by year five. Five-year ROI measures 70.45% and total cumulative return in cash reaches $129,337. For financing, Ziffy Mortgage’s DSCR program evaluates $2,986/mo property income against a $2,731/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78662, Red Rock, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,291 (100%) |
| Owner Occupied HU | 952 (73.7%) |
| Renter Occupied HU | 201 (15.6%) |
| Vacant Housing Units | 138 (10.7%) |
| Median Home Value | $335,740 |
| Average Home Value | $378,747 |
Residential
1,012
Single Family
1,012
Multi-Family
0
Businesses
55
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Dorothy K Orr • Keller Williams Realty
Mls Name: Unlock MLS
Mls ID: #1588184
