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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 Wallis at 6908 Westgate St, Wallis, TX, 77485 priced at $399,000 converts $2,347/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,347/mo. Return on cash invested prints 13.59% in year one, and rental yield reads 7.06% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 70.85% and total cumulative return in cash sums $93,710. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,347/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77485, Wallis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,408 (71.0%) |
| Renter Occupied HU | 318 (16.0%) |
| Vacant Housing Units | 257 (13.0%) |
| Median Home Value | $323,364 |
| Average Home Value | $337,124 |
Residential
1,299
Single Family
1,275
Multi-Family
24
Businesses
106
Date | Event | Price |
|---|---|---|
| 2025-02-01 | Listed for sale | $399,000 |
| 2024-10-23 | Listing removed | $399,000 |
| 2024-06-07 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $9102.27 | 53.01% | $413,696 | 29.27% |
| 2023-02-13 | $5948.81 | -9.88% | $320,020 | 10.00% |
| 2022-02-13 | $6601.01 | 4.31% | $290,927 | 8.36% |
Listed by: Nikki Jackson • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #85009612
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