15946 Hickory KnlWillisTX77318
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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 15946 Hickory Knl, Willis, TX, 77318 uses $104,655 cash to close to unlock $3,326/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $2,557/mo, and a $1,545/mo payment keeps the spread at $277/mo. Purchase price stands at $315,700, and rental yield measures 9.72% with $2,557/mo rent. Return on cash invested shows 23.09% in year one, and 5% annual appreciation builds toward $87,222 over five years. Five-year ROI reaches 121.26% and total cumulative return in cash records $126,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,557/mo property income covering a $1,545/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.26 Acres lot
$N/A/sqft
$35 monthly 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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