565 Furrh RdWaskomTX75692
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
Investment property for sale in Waskom at 565 Furrh Rd, Waskom, TX, 75692 uses $74,588 cash to close to unlock $1,803/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,750/mo, and a $1,101/mo payment keeps the spread at $150/mo. Purchase price stands at $225,000, and rental yield measures 9.33% with $1,750/mo rent. Return on cash invested shows 22.33% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 117.06% and total cumulative return in cash records $87,309. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,750/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1975
2.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75692, Waskom, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,258 (100%) |
| Owner Occupied HU | 1,552 (68.7%) |
| Renter Occupied HU | 428 (19.0%) |
| Vacant Housing Units | 278 (12.3%) |
| Median Home Value | $213,889 |
| Average Home Value | $280,023 |
Housing Distribution
Address Breakdown
Residential
1,813
Single Family
1,768
Multi-Family
45
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices