212 Waldeck RdWaldeckTX78946
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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 Waldeck at 212 Waldeck Rd, Waldeck, TX, 78946 priced at $1,249,000 pairs $2,005/mo rent with after a $6,113/mo payment. Total monthly income equals $2,005/mo. Return on cash invested is -0.02% in year one, and rental yield stands at 1.93% on a $1,249,000 basis. Equity gained on principal adds $8,060/yr, and 5% annual appreciation accumulates to $345,076 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $2,005/mo property income against a $6,113/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1918
33.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78946, Ledbetter, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 605 (100%) |
| Owner Occupied HU | 363 (60.0%) |
| Renter Occupied HU | 70 (11.6%) |
| Vacant Housing Units | 172 (28.4%) |
| Median Home Value | $244,048 |
| Average Home Value | $334,821 |
Housing Distribution
Address Breakdown
Residential
554
Single Family
554
Multi-Family
0
Businesses
17
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Listed by: Betty Melton • Hodde Real Estate Company
Mls Name: HAR
Mls Provider:
Mls ID: #74685384
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