3028 Concho Bend DrWoodwayTX76712
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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 Woodway at 3028 Concho Bend Dr, Woodway, TX, 76712 offers a 9.5% rental yield on a $336,500 purchase with $2,665/mo rent. Total monthly income registers $2,665/mo, and a $1,647/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,265/yr on $111,550 to close, and return on cash invested stands at 22.84% in year one. Equity gained on principal adds $2,171/yr while 5% annual appreciation supports $92,969 over five years. Portfolio math shows five-year ROI at 119.78% and total cumulative return in cash at $133,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,665/mo property income against a $1,647/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76712, Woodway, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,159 (100%) |
| Owner Occupied HU | 7,758 (63.8%) |
| Renter Occupied HU | 3,664 (30.1%) |
| Vacant Housing Units | 737 ( 6.1%) |
| Median Home Value | $345,561 |
| Average Home Value | $391,016 |
Housing Distribution
Address Breakdown
Residential
12,041
Single Family
10,323
Multi-Family
1,718
Businesses
1,182
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Listed by: Allyson McGuire-Stanley • Camille Johnson
Mls Name: NTREIS
Mls ID: #21000897
Disclaimer: IDX information is provided exclusively for 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.