1803 Song Sparrow LnCollege StationTX77845
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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
Investment property for sale in College Station at 1803 Song Sparrow Ln, College Station, TX, 77845 offers a 10.9% rental yield on a $282,000 purchase with $2,562/mo rent. Total monthly income registers $2,562/mo, and a $1,380/mo payment leaves $542/mo available for distribution. Annual cash flow reaches $6,508/yr on $93,483 to close, and return on cash invested stands at 26.87% in year one. Equity gained on principal adds $1,820/yr while 5% annual appreciation supports $77,911 over five years. Portfolio math shows five-year ROI at 141.49% and total cumulative return in cash at $132,265. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,562/mo property income against a $1,380/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
7,413 sqft lot
$N/A/sqft
$175 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77845, College Station, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,030 (100%) |
| Owner Occupied HU | 17,803 (55.6%) |
| Renter Occupied HU | 11,643 (36.4%) |
| Vacant Housing Units | 2,584 ( 8.1%) |
| Median Home Value | $384,705 |
| Average Home Value | $443,358 |
Housing Distribution
Address Breakdown
Residential
30,727
Single Family
26,627
Multi-Family
4,100
Businesses
1,596
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Listed by: Stacy Paulson • Dogwood Realty
Mls Name: WMLS
Mls Provider:
Mls ID: #223643
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 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-12 09:18:56 PST