








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 Riesel at 1938 Mount Moriah Rd, Riesel, TX, 76682 offers $8,405/mo rent that, after a $5,384/mo payment, leaves $583/mo cash flow. Total monthly income is $8,405/mo, and annual cash flow is $6,992/yr on $356,400 cash. Return on cash invested measures 22.33% in year one, and rental yield stands at 9.17% at a $1,100,000 entry. Equity gained on principal adds $7,098/yr while 5% annual appreciation compounds into $303,910 by year five. Five-year ROI records 116.98% and total cumulative return in cash reaches $416,899. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,405/mo property income versus a $5,384/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
12.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76682, Riesel, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,283 (100%) |
| Owner Occupied HU | 901 (70.2%) |
| Renter Occupied HU | 218 (17.0%) |
| Vacant Housing Units | 164 (12.8%) |
| Median Home Value | $269,575 |
| Average Home Value | $313,399 |
Residential
1,219
Single Family
1,219
Multi-Family
0
Businesses
74
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Price change | $1,100,000 |
| 2024-07-20 | Price change | $1,150,000 |
| 2024-07-03 | Listed for sale | $1,300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Eddie McDevitt • Range Real Estate
Mls Name: WMLS
Mls Provider:
Mls ID: #224060
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: 2024-08-16 04:24:49 PDT