220 Ellis DrWaskomTX75692
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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 Waskom at 220 Ellis Dr, Waskom, TX, 75692 uses $41,438 cash to close to unlock $56,963/yr annual cash flow and $4,747/mo monthly cash flow. Total monthly income runs $5,636/mo, and a $612/mo payment keeps the spread at $4,747/mo. Purchase price stands at $125,000, and rental yield measures 54.11% with $5,636/mo rent. Return on cash invested shows 157.38% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 841.19% and total cumulative return in cash records $348,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,636/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 2013
4.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75692, Waskom, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,258 (100%) |
| Owner Occupied HU | 1,552 (68.7%) |
| Renter Occupied HU | 428 (19.0%) |
| Vacant Housing Units | 278 (12.3%) |
| Median Home Value | $213,889 |
| Average Home Value | $280,023 |
Housing Distribution
Address Breakdown
Residential
1,813
Single Family
1,768
Multi-Family
45
Businesses
170
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