102 Sassafras LnVillage MillsTX77663
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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 Village Mills at 102 Sassafras Ln, Village Mills, TX, 77663 priced at $165,900 converts $1,642/mo rent into $277/mo cash flow after a $812/mo obligation. Total monthly income equals $1,642/mo, and annual cash flow totals $3,327/yr on $54,996 invested. Return on cash invested prints 25.96% in year one, and rental yield reads 11.88% against a $165,900 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation compiles into $45,835 by year five. Five-year ROI reaches 138.02% and total cumulative return in cash sums $75,906. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,642/mo property income covering a $812/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.55 Acres lot
$N/A/sqft
$185 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77663, Village Mills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 624 (100%) |
| Owner Occupied HU | 477 (76.4%) |
| Renter Occupied HU | 52 ( 8.3%) |
| Vacant Housing Units | 95 (15.2%) |
| Median Home Value | $184,407 |
| Average Home Value | $178,187 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
28
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Listed by: Mark Peno • Martindale Real Estate Investments
Mls Name: HAR
Mls Provider:
Mls ID: #98694579
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