775 N Lake StWaskomTX75692
Nearby investment properties with comparable rents
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
Investment property for sale in Waskom at 775 N Lake St, Waskom, TX, 75692 with 5% annual appreciation on a $150,000 basis while $1,166/mo rent supports operations. Total monthly income totals $1,166/mo and a $734/mo payment preserves $100/mo for cash returns. Annual cash flow comes to $1,194/yr on $49,725 deployed, and return on cash invested reaches 22.31% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 9.33%. Five-year ROI measures 116.98% and total cumulative return in cash totals $58,170.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,166/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1880
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75692, Waskom, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,258 (100%) |
| Owner Occupied HU | 1,552 (68.7%) |
| Renter Occupied HU | 428 (19.0%) |
| Vacant Housing Units | 278 (12.3%) |
| Median Home Value | $213,889 |
| Average Home Value | $280,023 |
Housing Distribution
Address Breakdown
Residential
1,813
Single Family
1,768
Multi-Family
45
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
