14461 Elmore 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
Rental property for sale in Willis at 14461 Elmore Dr, Willis, TX, 77318 generates $1,756/mo in rent, after a $1,224/mo payment. Total monthly income is $1,756/mo. Return on cash invested sits at 19.59% in year one, and rental yield is 8.43% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 102.33% and total cumulative return in cash sums $84,802. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,756/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.26 Acres 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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