117 N Forest DrWillisTX77378
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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 Willis at 117 N Forest Dr, Willis, TX, 77378 with 5% annual appreciation on a $169,700 basis while $1,300/mo rent supports operations. Total monthly income totals $1,300/mo and a $831/mo payment preserves $93/mo for cash returns. Annual cash flow comes to $1,114/yr on $56,256 deployed, and return on cash invested reaches 21.89% in year one. Equity gained on principal adds $1,095/yr, and five-year appreciation sums $46,885 alongside rental yield of 9.19%. Five-year ROI measures 114.7% and total cumulative return in cash totals $64,523.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,300/mo property income versus a $831/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77378, Willis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,317 (100%) |
| Owner Occupied HU | 5,263 (71.9%) |
| Renter Occupied HU | 1,615 (22.1%) |
| Vacant Housing Units | 439 ( 6.0%) |
| Median Home Value | $241,863 |
| Average Home Value | $310,531 |
Housing Distribution
Address Breakdown
Residential
7,155
Single Family
7,154
Multi-Family
1
Businesses
486
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