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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 Wallis at 6210 Railroad St, Wallis, TX, 77485 offers a 8.06% rental yield on a $190,000 purchase with $1,276/mo rent. 48% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 96.39% and total cumulative return in cash at $60,708. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,276/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77485, Wallis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,408 (71.0%) |
| Renter Occupied HU | 318 (16.0%) |
| Vacant Housing Units | 257 (13.0%) |
| Median Home Value | $323,364 |
| Average Home Value | $337,124 |
Residential
1,299
Single Family
1,275
Multi-Family
24
Businesses
106
Date | Event | Price |
|---|---|---|
| 2025-01-17 | Listed for sale | $190,000 |
| 2024-12-17 | Listing removed | $190,000 |
| 2024-06-26 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $378.48 | 7.35% | $31,737 | 10.00% |
| 2023-02-13 | $352.55 | -27.21% | $28,852 | 10.00% |
| 2022-02-13 | $484.33 | -9.93% | $26,229 | N/A |
Listed by: Shawna Sullivan • Elite Texas Properties
Mls Name: HAR
Mls Provider:
Mls ID: #64638971
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