426 Redway LnWebsterTX77598
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 Webster at 426 Redway Ln, Webster, TX, 77598 offers $1,569/mo rent that, after a $1,125/mo payment. Total monthly income is $1,569/mo. Return on cash invested measures 18.88% in year one, and rental yield stands at 8.19% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 98.55% and total cumulative return in cash reaches $75,107. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,569/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77598, Webster, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,150 (100%) |
| Owner Occupied HU | 2,857 (20.2%) |
| Renter Occupied HU | 10,187 (72.0%) |
| Vacant Housing Units | 1,106 ( 7.8%) |
| Median Home Value | $278,550 |
| Average Home Value | $313,710 |
Housing Distribution
Address Breakdown
Residential
12,338
Single Family
3,195
Multi-Family
9,143
Businesses
1,767
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices