1116 N Pine StVillage 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 1116 N Pine St, Village Mills, TX, 77663 offers a 0% rental yield on a $264,900 purchase with $0/mo rent. 84% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No 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 -- 9006065
Mls Name: BBOR
Mls ID: #261218