380 Keeland DrNew WaverlyTX77358
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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 New Waverly at 380 Keeland Dr, New Waverly, TX, 77358 priced at $245,000 pairs $2,395/mo rent with $653/mo cash flow after a $1,199/mo payment. Total monthly income equals $2,395/mo, and annual cash flow comes to $7,835/yr on $81,218 invested. Return on cash invested is 29.56% in year one, and rental yield stands at 11.73% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 155.77% and total cumulative return in cash reaches $126,516. For financing, Ziffy Mortgage’s DSCR program evaluates $2,395/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77358, New Waverly, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,582 (100%) |
| Owner Occupied HU | 1,737 (67.3%) |
| Renter Occupied HU | 402 (15.6%) |
| Vacant Housing Units | 443 (17.2%) |
| Median Home Value | $249,672 |
| Average Home Value | $390,974 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,047
Multi-Family
50
Businesses
230
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Listed by: Rosa Goffney • Central Metro Realty
Mls Name: HAR
Mls Provider:
Mls ID: #50364881
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