223 W Waverly AveEagle LakeTX77434
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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 Eagle Lake at 223 W Waverly Ave, Eagle Lake, TX, 77434 uses $99,119 cash to close to unlock $8,307/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $2,818/mo, and a $1,463/mo payment keeps the spread at $692/mo. Purchase price stands at $299,000, and rental yield measures 11.31% with $2,818/mo rent. Return on cash invested shows 28.29% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 149.03% and total cumulative return in cash records $147,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,818/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 1,235 (65.6%) |
| Renter Occupied HU | 421 (22.3%) |
| Vacant Housing Units | 228 (12.1%) |
| Median Home Value | $103,906 |
| Average Home Value | $165,146 |
Housing Distribution
Address Breakdown
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
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Listed by: Ayriel Duffy • Lone Star Luxe Real Estate, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #84377494
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