358 Violet DrRobinsonTX76706
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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 Robinson at 358 Violet Dr, Robinson, TX, 76706 generates $3,394/mo in rent, after a $2,364/mo payment. Total monthly income is $3,394/mo. Return on cash invested sits at 19.6% in year one, and rental yield is 8.43% on a $483,000 entry. Equity gained on principal adds $3,117/yr, while 5% annual appreciation builds toward $133,444 over five years. Five-year ROI reaches 102.44% and total cumulative return in cash sums $164,014. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,394/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76706, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,478 (100%) |
| Owner Occupied HU | 6,004 (34.4%) |
| Renter Occupied HU | 9,655 (55.2%) |
| Vacant Housing Units | 1,819 (10.4%) |
| Median Home Value | $272,760 |
| Average Home Value | $299,834 |
Housing Distribution
Address Breakdown
Residential
15,206
Single Family
13,277
Multi-Family
1,929
Businesses
788
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Listed by: Camie Cross • Logan Capital Real Estate, PLLC
Mls Name: NTREIS
Mls ID: #21154260
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.