833 Deer Ridge DrWoodwayTX76712
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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
Rental property for sale in Woodway at 833 Deer Ridge Dr, Woodway, TX, 76712 priced at $339,900 converts $2,494/mo rent into $77/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,494/mo, and annual cash flow totals $919/yr on $112,677 invested. Return on cash invested prints 20.72% in year one, and rental yield reads 8.8% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 108.44% and total cumulative return in cash sums $122,183. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,494/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76712, Woodway, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,159 (100%) |
| Owner Occupied HU | 7,758 (63.8%) |
| Renter Occupied HU | 3,664 (30.1%) |
| Vacant Housing Units | 737 ( 6.1%) |
| Median Home Value | $345,561 |
| Average Home Value | $391,016 |
Housing Distribution
Address Breakdown
Residential
12,041
Single Family
10,323
Multi-Family
1,718
Businesses
1,182
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