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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Weimar at 611 S Center St, Weimar, TX, 78962 with 5% annual appreciation on a $199,000 basis while $1,539/mo rent supports operations. Total monthly income totals $1,539/mo and a $974/mo payment preserves $124/mo for cash returns. Annual cash flow comes to $1,487/yr on $65,969 deployed, and return on cash invested reaches 22.16% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 9.28%. Five-year ROI measures 116.14% and total cumulative return in cash totals $76,614.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,539/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78962, Weimar, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,496 (100%) |
| Owner Occupied HU | 1,629 (65.3%) |
| Renter Occupied HU | 325 (13.0%) |
| Vacant Housing Units | 542 (21.7%) |
| Median Home Value | $298,242 |
| Average Home Value | $479,954 |
Residential
2,104
Single Family
2,062
Multi-Family
42
Businesses
229
Date | Event | Price |
|---|---|---|
| 2024-11-07 | Price change | $199,000 |
| 2024-10-15 | Listed for sale | $215,000 |
| 2021-12-28 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $182,320 | 4.79% |
| 2023-02-12 | $2843.23 | 0.47% | $173,980 | 17.91% |
| 2022-02-12 | $2829.99 | 79.18% | $147,550 | 46.50% |
Listed by: Angela Carreiro • Legend Texas Properties
Mls Name: HAR
Mls Provider:
Mls ID: #86965345
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