395 Dixie Lake LnWaskomTX75692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 395 Dixie Lake Ln, Waskom, TX, 75692 priced at $149,000 pairs $1,188/mo rent with $129/mo cash flow after a $729/mo payment. Total monthly income equals $1,188/mo, and annual cash flow comes to $1,545/yr on $49,394 invested. Return on cash invested is 23.04% in year one, and rental yield stands at 9.57% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 120.85% and total cumulative return in cash reaches $59,692. For financing, Ziffy Mortgage’s DSCR program evaluates $1,188/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1991
1.25 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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