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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% |
Rental property for sale in Woodway at 6617 Burling St, Woodway, TX, 76712 offers $4,058/mo rent that, after a $1,542/mo payment, leaves $1,793/mo cash flow. Total monthly income is $4,058/mo, and annual cash flow is $21,513/yr on $104,423 cash. Return on cash invested measures 40.51% in year one, and rental yield stands at 15.46% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 214.64% and total cumulative return in cash reaches $224,129. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,058/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
6,599 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood data shown for ZIP Code: 76712, Woodway, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,159 (100%) |
| Owner Occupied HU | 7,758 (63.8%) |
| Renter Occupied HU | 3,664 (30.1%) |
| Vacant Housing Units | 737 ( 6.1%) |
| Median Home Value | $345,561 |
| Average Home Value | $391,016 |
Residential
12,041
Single Family
10,323
Multi-Family
1,718
Businesses
1,182
Date | Event | Price |
|---|---|---|
| 2024-07-19 | Price change | $315,000 |
| 2024-06-06 | Listed for sale | $319,000 |
| 2024-05-16 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $4320.89 | -12.10% | $275,686 | 10.00% |
| 2022-08-31 | $4915.47 | -1.35% | $250,624 | 10.00% |
| 2021-08-31 | $4982.70 | N/A | $227,840 | 4.44% |
Listed by: Greg Clark • Keller Williams Realty, Waco
Mls Name: WMLS
Mls Provider:
Mls ID: #219592
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-31 04:28:25 PDT
