715 Lakeview DrWallisTX77485
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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 Wallis at 715 Lakeview Dr, Wallis, TX, 77485 offers a 11.98% rental yield on a $200,000 purchase with $1,997/mo rent. Total monthly income registers $1,997/mo, and a $979/mo payment leaves $516/mo available for distribution. Annual cash flow reaches $6,194/yr on $66,300 to close, and return on cash invested stands at 29.25% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 154.6% and total cumulative return in cash at $102,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,997/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
7,309 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77485, Wallis, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,299
Single Family
1,275
Multi-Family
24
Businesses
106
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