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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% |
Investment property for sale in Wallis at 7510 Highway 60, Wallis, TX, 77485 offers a 12.87% rental yield on a $179,000 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $876/mo payment leaves $647/mo available for distribution. Annual cash flow reaches $7,767/yr on $59,339 to close, and return on cash invested stands at 33% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 174.31% and total cumulative return in cash at $103,431. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.28 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Melissa Henderson • Welcome Home Real Estate
Mls Name: HAR
Mls ID: #36981175
