461 S Waco StVan AlstyneTX75495
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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 Van Alstyne at 461 S Waco St, Van Alstyne, TX, 75495 priced at $239,000 converts $1,432/mo rent into after a $1,170/mo obligation. Total monthly income equals $1,432/mo. Return on cash invested prints 15.85% in year one, and rental yield reads 7.19% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 82.35% and total cumulative return in cash sums $65,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,432/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1985
10,585 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75495, Van Alstyne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 4,241 (80.0%) |
| Renter Occupied HU | 712 (13.4%) |
| Vacant Housing Units | 350 ( 6.6%) |
| Median Home Value | $387,546 |
| Average Home Value | $443,015 |
Housing Distribution
Address Breakdown
Residential
4,656
Single Family
4,253
Multi-Family
403
Businesses
355
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Listed by: Rodger Alexander • Sudderth Real Estate, Inc.
Mls Name: NTREIS
Mls ID: #21054560