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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Eddy at 345 Christopher Dr, Eddy, TX, 76524 generates $1,686/mo in rent, after a $1,174/mo payment. Total monthly income is $1,686/mo. Return on cash invested sits at 19.61% in year one, and rental yield is 8.43% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 102.49% and total cumulative return in cash sums $81,511. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,686/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
1.88 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76524, Eddy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,117 (100%) |
| Owner Occupied HU | 889 (79.6%) |
| Renter Occupied HU | 153 (13.7%) |
| Vacant Housing Units | 75 ( 6.7%) |
| Median Home Value | $281,391 |
| Average Home Value | $316,431 |
Residential
1,036
Single Family
1,036
Multi-Family
0
Businesses
41
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Listed for sale | $239,900 |
| 2024-07-14 | Pending sale | $239,900 |
| 2024-07-05 | Price change | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | N/A | N/A | $205,700 | 45.42% |
| 2023-10-23 | $825.88 | 0.85% | $141,449 | 67.33% |
| 2022-10-23 | $818.92 | -13.86% | $84,535 | 10.00% |
Listed by: Sue Milam Reed • Kelly
Mls Name: WMLS
Mls Provider:
Mls ID: #223414
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: 2024-10-23 11:44:39 PDT
