11960 Canal StWillisTX77318
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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 11960 Canal St, Willis, TX, 77318 listed at $199,500 pairs $1,378/mo rent with a $976/mo payment. Total monthly income runs $1,378/mo. Return on cash invested measures 18.84% in year one, and rental yield registers 8.29% at a $199,500 basis. Equity gained on principal adds $1,287/yr, and annual property appreciation at 5% supports $55,118 by year five. Five-year ROI tracks 98.5% and total cumulative return in cash totals $65,143. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,378/mo property income relative to a $976/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
2,099 sqft lot
$N/A/sqft
$56 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77318, Willis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,287 (100%) |
| Owner Occupied HU | 7,710 (74.9%) |
| Renter Occupied HU | 1,462 (14.2%) |
| Vacant Housing Units | 1,115 (10.8%) |
| Median Home Value | $346,271 |
| Average Home Value | $433,090 |
Housing Distribution
Address Breakdown
Residential
9,572
Single Family
9,396
Multi-Family
176
Businesses
303
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Listed by: Oscar Mata • The Realty Club, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #51345862
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