383 Soapstone PassMaxwellTX78656
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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
Investment property for sale in Maxwell at 383 Soapstone Pass, Maxwell, TX, 78656 uses $87,848 cash to close to unlock $2,219/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,297/mo payment keeps the spread at $185/mo. Purchase price stands at $265,000, and rental yield measures 10.3% with $2,274/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 118.6% and total cumulative return in cash records $104,187. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 2022
5,431 sqft lot
$N/A/sqft
$45 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78656, Maxwell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,312 (100%) |
| Owner Occupied HU | 1,747 (75.6%) |
| Renter Occupied HU | 430 (18.6%) |
| Vacant Housing Units | 135 ( 5.8%) |
| Median Home Value | $289,295 |
| Average Home Value | $288,452 |
Housing Distribution
Address Breakdown
Residential
1,923
Single Family
1,923
Multi-Family
0
Businesses
52
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Listed by: Chelsea Roberts • Coldwell Banker D'Ann Harper,
Mls Name: SABOR
Mls Provider:
Mls ID: #1790642
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.