104 Hornbeam DrVillage 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
Investment property for sale in Village Mills at 104 Hornbeam Dr, Village Mills, TX, 77663 offers a 10.93% rental yield on a $200,000 purchase with $1,822/mo rent. Total monthly income registers $1,822/mo, and a $979/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,576/yr on $66,300 to close, and return on cash invested stands at 23.79% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 126.13% and total cumulative return in cash at $83,624. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,822/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.48 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: Marina Delgado • Martindale Real Estate Investments
Mls Name: LAR
Mls Provider:
Mls ID: #5105381
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