2207 Skylark DrWoodwayTX76712
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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 Woodway at 2207 Skylark Dr, Woodway, TX, 76712 generates $1,533/mo in rent and, after a $1,052/mo payment, leaves $5/mo in cash flow. Total monthly income is $1,533/mo, and annual cash flow is $56/yr on $71,239 invested. Return on cash invested sits at 19.99% in year one, and rental yield is 8.56% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 104.5% and total cumulative return in cash sums $74,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,533/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
6,242 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76712, Woodway, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,159 (100%) |
| Owner Occupied HU | 7,758 (63.8%) |
| Renter Occupied HU | 3,664 (30.1%) |
| Vacant Housing Units | 737 ( 6.1%) |
| Median Home Value | $345,561 |
| Average Home Value | $391,016 |
Housing Distribution
Address Breakdown
Residential
12,041
Single Family
10,323
Multi-Family
1,718
Businesses
1,182
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