649 Wedgewood DrChina SpringTX76633
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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 China Spring at 649 Wedgewood Dr, China Spring, TX, 76633 priced at $624,900 pairs $3,796/mo rent with after a $3,059/mo payment. Total monthly income equals $3,796/mo. Return on cash invested is 16.28% in year one, and rental yield stands at 7.29% on a $624,900 basis. Equity gained on principal adds $4,032/yr, and 5% annual appreciation accumulates to $172,648 by year five. Five-year ROI measures 84.55% and total cumulative return in cash reaches $173,825. For financing, Ziffy Mortgage’s DSCR program evaluates $3,796/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76633, China Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 2,158 (83.1%) |
| Renter Occupied HU | 328 (12.6%) |
| Vacant Housing Units | 111 ( 4.3%) |
| Median Home Value | $377,951 |
| Average Home Value | $449,516 |
Housing Distribution
Address Breakdown
Residential
2,249
Single Family
2,249
Multi-Family
0
Businesses
139
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Nearby investment properties with comparable prices
Listed by: Terry Harris • Axio Real Estate LLC
Mls Name: NTREIS
Mls ID: #21120811