Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Wallis at 2606 Long Ln, Wallis, TX, 77485 priced at $525,000 converts $2,112/mo rent into after a $2,570/mo obligation. Total monthly income equals $2,112/mo. Return on cash invested prints 8.79% in year one, and rental yield reads 4.83% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 44.44% and total cumulative return in cash sums $76,761. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,112/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 1964
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77485, Wallis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,408 (71.0%) |
| Renter Occupied HU | 318 (16.0%) |
| Vacant Housing Units | 257 (13.0%) |
| Median Home Value | $323,364 |
| Average Home Value | $337,124 |
Residential
1,299
Single Family
1,275
Multi-Family
24
Businesses
106
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jordyn Roller • Roller Realty
Mls Name: HAR
Mls Provider:
Mls ID: #69858257
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is 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 is deemed reliable but not guaranteed.
