375 Private Road 1141WaskomTX75692
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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 375 Private Road 1141, Waskom, TX, 75692 generates $1,184/mo in rent, after a $959/mo payment. Total monthly income is $1,184/mo. Return on cash invested sits at 16.04% in year one, and rental yield is 7.25% on a $196,000 entry. Equity gained on principal adds $1,265/yr, while 5% annual appreciation builds toward $54,151 over five years. Five-year ROI reaches 83.33% and total cumulative return in cash sums $54,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,184/mo property income rather than buyer’s personal income.
Manufactured
Built in 1993
7 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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