6908 Canadian DrChina SpringTX76633
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
Investment property for sale in China Spring at 6908 Canadian Dr, China Spring, TX, 76633 listed at $265,565 pairs $780/mo rent with a $1,300/mo payment. Total monthly income runs $780/mo. Return on cash invested measures 4.52% in year one, and rental yield registers 3.52% at a $265,565 basis. Equity gained on principal adds $1,714/yr, and annual property appreciation at 5% supports $73,371 by year five. Five-year ROI tracks 21.69% and total cumulative return in cash totals $19,093. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $780/mo property income relative to a $1,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
7,352 sqft lot
$N/A/sqft
$240 annually 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: Amanda LaRue • Keller Williams Realty, Waco
Mls Name: WMLS
Mls Provider:
Mls ID: #224790
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: 2024-08-16 01:24:48 PDT