408 Dogwood StWallisTX77485
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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 Wallis at 408 Dogwood St, Wallis, TX, 77485 priced at $144,787 converts $1,423/mo rent into $346/mo cash flow after a $709/mo obligation. Total monthly income equals $1,423/mo, and annual cash flow totals $4,153/yr on $47,997 invested. Return on cash invested prints 28.56% in year one, and rental yield reads 11.79% against a $144,787 entry. Equity gained on principal adds $934/yr, while 5% annual appreciation compiles into $40,002 by year five. Five-year ROI reaches 150.99% and total cumulative return in cash sums $72,469. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,423/mo property income covering a $709/mo payment, not borrower’s personal income.
Single Family
Built in 2010
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77485, Wallis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,408 (71.0%) |
| Renter Occupied HU | 318 (16.0%) |
| Vacant Housing Units | 257 (13.0%) |
| Median Home Value | $323,364 |
| Average Home Value | $337,124 |
Housing Distribution
Address Breakdown
Residential
1,299
Single Family
1,275
Multi-Family
24
Businesses
106
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Listed by: Richard Whitmore • The Family Realty Company, LP
Mls Name: HAR
Mls Provider:
Mls ID: #63072332
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