605 Noble St, Waskom, TX, 75692 | 4.32% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waskom at 605 Noble St, Waskom, TX, 75692 offers a 4.32% rental yield on a $199,900 purchase with $720/mo rent. 21% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 35.95% and total cumulative return in cash at $23,821. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $720/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1996

0.51 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