97 Long Horn LoopNew WaverlyTX77358
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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 New Waverly at 97 Long Horn Loop, New Waverly, TX, 77358 offers a 2.32% rental yield on a $1,299,000 purchase with $2,513/mo rent. 2% in year one. Equity gained on principal adds $8,382/yr while 5% annual appreciation supports $358,890 over five years. Portfolio math shows five-year ROI at 3.64% and total cumulative return in cash at $15,325. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,513/mo property income against a $6,358/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
29.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77358, New Waverly, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,582 (100%) |
| Owner Occupied HU | 1,737 (67.3%) |
| Renter Occupied HU | 402 (15.6%) |
| Vacant Housing Units | 443 (17.2%) |
| Median Home Value | $249,672 |
| Average Home Value | $390,974 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,047
Multi-Family
50
Businesses
230
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Listed by: Jason Schneider • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #13855277
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