627 Alterra WayMaxwellTX78656
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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 Maxwell at 627 Alterra Way, Maxwell, TX, 78656 uses $66,297 cash to close to unlock $6,020/yr annual cash flow and $502/mo monthly cash flow. Total monthly income runs $1,924/mo, and a $979/mo payment keeps the spread at $502/mo. Purchase price stands at $199,990, and rental yield measures 11.54% with $1,924/mo rent. Return on cash invested shows 28.99% in year one, and 5% annual appreciation builds toward $55,254 over five years. Five-year ROI reaches 152.76% and total cumulative return in cash records $101,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,924/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 2023
4,965 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78656, Maxwell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,312 (100%) |
| Owner Occupied HU | 1,747 (75.6%) |
| Renter Occupied HU | 430 (18.6%) |
| Vacant Housing Units | 135 ( 5.8%) |
| Median Home Value | $289,295 |
| Average Home Value | $288,452 |
Housing Distribution
Address Breakdown
Residential
1,923
Single Family
1,923
Multi-Family
0
Businesses
52
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