455 Longstreet RdNew 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
Investment property for sale in New Waverly at 455 Longstreet Rd, New Waverly, TX, 77358 listed at $184,000 pairs $1,400/mo rent with a $901/mo payment to leave $91/mo cash flow. Total monthly income runs $1,400/mo, and annual cash flow reaches $1,094/yr on $60,996 cash to close. Return on cash invested measures 21.7% in year one, and rental yield registers 9.13% at a $184,000 basis. Equity gained on principal adds $1,187/yr, and annual property appreciation at 5% supports $50,836 by year five. Five-year ROI tracks 113.75% and total cumulative return in cash totals $69,385. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,400/mo property income relative to a $901/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
5,140 sqft 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: Sue Crozier • CB&A, Realtors- Loop Central
Mls Name: HAR
Mls ID: #29134784