647 Oden DrWaskomTX75692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Waskom at 647 Oden Dr, Waskom, TX, 75692 priced at $379,900 pairs $3,142/mo rent with $441/mo cash flow after a $1,859/mo payment. Total monthly income equals $3,142/mo, and annual cash flow comes to $5,291/yr on $125,937 invested. Return on cash invested is 24.11% in year one, and rental yield stands at 9.92% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 126.58% and total cumulative return in cash reaches $159,413. For financing, Ziffy Mortgage’s DSCR program evaluates $3,142/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
7.57 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 |
Housing Distribution
Address Breakdown
Residential
1,813
Single Family
1,768
Multi-Family
45
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
