231 State Highway 150New WaverlyTX77358
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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 New Waverly at 231 State Highway 150, New Waverly, TX, 77358 earns from $2,581/mo rent with a $5,565/mo payment. Total monthly income totals $2,581/mo. ROI tracks 2.44% on current figures, and rental yield reads 2.72% at a $1,137,000 purchase. Equity gained on principal adds $7,337/yr, and 5% annual appreciation supports $314,132 over five years. Five-year ROI reaches 10.31% and total cumulative return in cash sums $37,964. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,581/mo property income instead of your personal income.
Single Family
Built in 1991
13.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77358, New Waverly, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,582 (100%) |
| Owner Occupied HU | 1,737 (67.3%) |
| Renter Occupied HU | 402 (15.6%) |
| Vacant Housing Units | 443 (17.2%) |
| Median Home Value | $249,672 |
| Average Home Value | $390,974 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,047
Multi-Family
50
Businesses
230
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Listed by: Tamarah Curtis • Creighton Realty Partners, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #65490565
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