455 Gibbs StNew 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 455 Gibbs St, New Waverly, TX, 77358 priced at $650,000 pairs $2,951/mo rent with after a $3,181/mo payment. Total monthly income equals $2,951/mo. Return on cash invested is 10.68% in year one, and rental yield stands at 5.45% on a $650,000 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 54.57% and total cumulative return in cash reaches $116,702. For financing, Ziffy Mortgage’s DSCR program evaluates $2,951/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.65 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: Kristen Reinhart • Markham Realty, Inc.
Mls Name: HAR
Mls ID: #32476138