21205 Evans LnWashingtonTX77880
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Washington at 21205 Evans Ln, Washington, TX, 77880 offers a 25.48% rental yield on a $125,000 purchase with $2,654/mo rent. Total monthly income registers $2,654/mo, and a $612/mo payment leaves $1,765/mo available for distribution. Annual cash flow reaches $21,179/yr on $41,438 to close, and return on cash invested stands at 71.02% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 378.16% and total cumulative return in cash at $156,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,654/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77880, Washington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,066 (100%) |
| Owner Occupied HU | 654 (61.4%) |
| Renter Occupied HU | 124 (11.6%) |
| Vacant Housing Units | 288 (27.0%) |
| Median Home Value | $614,706 |
| Average Home Value | $866,338 |
Housing Distribution
Address Breakdown
Residential
890
Single Family
890
Multi-Family
0
Businesses
33
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Listed by: Troy Weigand • Coldwell Banker Apex, REALTORS
Mls Name: BCSMLS
Mls ID: #25011353