66 Ranch RdNew WaverlyTX77358
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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
Rental property for sale in New Waverly at 66 Ranch Rd, New Waverly, TX, 77358 priced at $229,000 converts $1,570/mo rent into after a $1,121/mo obligation. Total monthly income equals $1,570/mo. Return on cash invested prints 18.98% in year one, and rental yield reads 8.23% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 99.13% and total cumulative return in cash sums $75,257. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,570/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Manufactured
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77358, New Waverly, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,582 (100%) |
| Owner Occupied HU | 1,737 (67.3%) |
| Renter Occupied HU | 402 (15.6%) |
| Vacant Housing Units | 443 (17.2%) |
| Median Home Value | $249,672 |
| Average Home Value | $390,974 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,047
Multi-Family
50
Businesses
230
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Listed by: Michelle Whitecotton • Markham Realty, Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #78840170
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