3391 Speegleville RdWoodwayTX76712
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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
Rental property for sale in Woodway at 3391 Speegleville Rd, Woodway, TX, 76712 priced at $796,000 converts $9,821/mo rent into $4,161/mo cash flow after a $3,896/mo obligation. Total monthly income equals $9,821/mo, and annual cash flow totals $49,926/yr on $261,884 invested. Return on cash invested prints 39.12% in year one, and rental yield reads 14.81% against a $796,000 entry. Equity gained on principal adds $5,136/yr, while 5% annual appreciation compiles into $219,920 by year five. Five-year ROI reaches 207.08% and total cumulative return in cash sums $542,304. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,821/mo property income covering a $3,896/mo payment, not borrower’s personal income.
Single Family
Built in 1992
5.67 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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Listed by: Amanda Nesbitt • Magnolia Realty
Mls Name: WMLS
Mls Provider:
Mls ID: #223042
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 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-31 04:28:25 PDT