602 Fm 2693 Rd ENew 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 602 Fm 2693 Rd E, New Waverly, TX, 77358 earns from $3,230/mo rent with a $3,157/mo payment. Total monthly income totals $3,230/mo. ROI tracks 12.39% on current figures, and rental yield reads 6.01% at a $645,000 purchase. Equity gained on principal adds $4,162/yr, and 5% annual appreciation supports $178,202 over five years. Five-year ROI reaches 63.7% and total cumulative return in cash sums $135,184. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,230/mo property income instead of your personal income.
Single Family
Built in 2013
2.05 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: Kathleen Fox • Keller Williams Advantage Realty
Mls Name: HAR
Mls ID: #63792499