15230 Canyon Rapids RdWillisTX77378
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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 15230 Canyon Rapids Rd, Willis, TX, 77378 generates $2,037/mo in rent, after a $1,396/mo payment. Total monthly income is $2,037/mo. Return on cash invested sits at 19.09% in year one, and rental yield is 8.57% on a $285,290 entry. Equity gained on principal adds $1,841/yr, while 5% annual appreciation builds toward $78,820 over five years. Five-year ROI reaches 100.01% and total cumulative return in cash sums $94,586. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,037/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$875 annually 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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Listed by: Jimmy Franklin • Pulte Homes
Mls Name: HAR
Mls Provider:
Mls ID: #30847674
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