7646 County Road 240WaelderTX78959
Nearby investment properties with comparable rents
- 2 Bed
- 1 Bath
- 1453 sft
- 2 Bed
- 3 Bath
- 1050 sft
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
Total monthly income runs $1,411/mo, and a $3,059/mo payment. Purchase price stands at $625,000, and rental yield measures 2.71% with $1,411/mo rent. Return on cash invested shows 2.36% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 9.9% and total cumulative return in cash records $20,365. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,411/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1940
33.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78959, Waelder, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 948 (100%) |
| Owner Occupied HU | 527 (55.6%) |
| Renter Occupied HU | 201 (21.2%) |
| Vacant Housing Units | 220 (23.2%) |
| Median Home Value | $247,857 |
| Average Home Value | $396,532 |
Housing Distribution
Address Breakdown
Residential
471
Single Family
471
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
- 2 Bed
- 1 Bath
- 1453 sft
- 2 Bed
- 3 Bath
- 1050 sft
Nearby investment properties with comparable prices