71 Prescott DrNew 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
Investment property for sale in New Waverly at 71 Prescott Dr, New Waverly, TX, 77358 listed at $449,000 pairs $1,700/mo rent with a $2,198/mo payment. Total monthly income runs $1,700/mo. Return on cash invested measures 7.87% in year one, and rental yield registers 4.54% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 39.49% and total cumulative return in cash totals $58,780. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,700/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
4.28 Acres 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: Michael McGinnis • ADT Realty Brokers
Mls Name: HAR
Mls Provider:
Mls ID: #93694449
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