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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in China Spring at 2535 Garrett Ln, China Spring, TX, 76633 priced at $597,500 pairs $2,779/mo rent with after a $2,924/mo payment. Total monthly income equals $2,779/mo. Return on cash invested is 11.09% in year one, and rental yield stands at 5.58% on a $597,500 basis. Equity gained on principal adds $3,856/yr, and 5% annual appreciation accumulates to $165,078 by year five. Five-year ROI measures 56.74% and total cumulative return in cash reaches $111,535. For financing, Ziffy Mortgage’s DSCR program evaluates $2,779/mo property income against a $2,924/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76633, China Spring, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 2,158 (83.1%) |
| Renter Occupied HU | 328 (12.6%) |
| Vacant Housing Units | 111 ( 4.3%) |
| Median Home Value | $377,951 |
| Average Home Value | $449,516 |
Residential
2,249
Single Family
2,249
Multi-Family
0
Businesses
139
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Listed for sale | $597,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $849.87 | -38.12% | $278,550 | 10.00% |
| 2023-02-13 | $1373.39 | -2.68% | $253,227 | 10.00% |
| 2022-02-13 | $1411.20 | -3.12% | $230,206 | 11.07% |
Listed by: Diane Ard • CENTURY 21 Judge Fite Company
Mls Name: WMLS
Mls Provider:
Mls ID: #227944
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 04:23:25 PST
