3 Alpha Omega RdNew 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 3 Alpha Omega Rd, New Waverly, TX, 77358 uses $69,582 cash to close to unlock $2,157/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,672/mo, and a $1,027/mo payment keeps the spread at $180/mo. Purchase price stands at $209,900, and rental yield measures 9.56% with $1,672/mo rent. Return on cash invested shows 23.01% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 120.7% and total cumulative return in cash records $83,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,672/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 1983
1.01 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: Philip Lynn • HomeSmart
Mls Name: HAR
Mls Provider:
Mls ID: #46633136
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