3523 Fm 451WaskomTX75692
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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 Waskom at 3523 Fm 451, Waskom, TX, 75692 generates $3,154/mo in rent and, after a $2,100/mo payment, leaves $103/mo in cash flow. Total monthly income is $3,154/mo, and annual cash flow is $1,237/yr on $142,214 invested. Return on cash invested sits at 20.78% in year one, and rental yield is 8.82% on a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 108.74% and total cumulative return in cash sums $154,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,154/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
3.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75692, Waskom, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,258 (100%) |
| Owner Occupied HU | 1,552 (68.7%) |
| Renter Occupied HU | 428 (19.0%) |
| Vacant Housing Units | 278 (12.3%) |
| Median Home Value | $213,889 |
| Average Home Value | $280,023 |
Housing Distribution
Address Breakdown
Residential
1,813
Single Family
1,768
Multi-Family
45
Businesses
170
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