338 Western 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 338 Western Dr, Woodway, TX, 76712 with 5% annual appreciation on a $118,500 basis while $889/mo rent supports operations. Total monthly income totals $889/mo and a $580/mo payment preserves $46/mo for cash returns. Annual cash flow comes to $556/yr on $39,283 deployed, and return on cash invested reaches 21.32% in year one. Equity gained on principal adds $765/yr, and five-year appreciation sums $32,739 alongside rental yield of 9%. Five-year ROI measures 111.72% and total cumulative return in cash totals $43,888.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $889/mo property income versus a $580/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.32 Acres 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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