12608 Ridgecrest DrWillisTX77318
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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 12608 Ridgecrest Dr, Willis, TX, 77318 offers a 11.06% rental yield on a $221,300 purchase with $2,040/mo rent. Total monthly income registers $2,040/mo, and a $1,083/mo payment leaves $444/mo available for distribution. Annual cash flow reaches $5,325/yr on $73,361 to close, and return on cash invested stands at 27.17% in year one. Equity gained on principal adds $1,428/yr while 5% annual appreciation supports $61,141 over five years. Portfolio math shows five-year ROI at 143.11% and total cumulative return in cash at $104,987. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $1,083/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
9,500 sqft lot
$N/A/sqft
No 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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