1298 Gore Store RdVillage 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 1298 Gore Store Rd, Village Mills, TX, 77663 earns $410/mo cash flow from $2,117/mo rent with a $1,175/mo payment. Total monthly income totals $2,117/mo, and annual cash flow totals $4,920/yr on $79,560 capital. ROI tracks 26.09% on current figures, and rental yield reads 10.59% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 137.2% and total cumulative return in cash sums $109,154. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,117/mo property income instead of your personal income.
Single Family
Built in 1973
6.08 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: April Lendo • Keller Williams of Southeast Texas
Mls Name: HAR
Mls Provider:
Mls ID: #51051030
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