106 N Lake DrWinnieTX77665
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
Rental property for sale in Winnie at 106 N Lake Dr, Winnie, TX, 77665 offers $2,345/mo rent that, after a $1,762/mo payment. Total monthly income is $2,345/mo. Return on cash invested measures 17.68% in year one, and rental yield stands at 7.82% at a $360,000 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 92.14% and total cumulative return in cash reaches $109,965. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,345/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77665, Winnie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,989 (100%) |
| Owner Occupied HU | 2,179 (72.9%) |
| Renter Occupied HU | 526 (17.6%) |
| Vacant Housing Units | 284 ( 9.5%) |
| Median Home Value | $229,167 |
| Average Home Value | $251,664 |
Housing Distribution
Address Breakdown
Residential
2,253
Single Family
2,209
Multi-Family
44
Businesses
263
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices