16625 Queen Palm DrPenitasTX78576
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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 Penitas at 16625 Queen Palm Dr, Penitas, TX, 78576 offers a 8.52% rental yield on a $249,999 purchase with $1,775/mo rent. 86% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 103.8% and total cumulative return in cash at $86,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,775/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78576, Penitas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,844 (100%) |
| Owner Occupied HU | 2,818 (73.3%) |
| Renter Occupied HU | 636 (16.5%) |
| Vacant Housing Units | 390 (10.1%) |
| Median Home Value | $162,031 |
| Average Home Value | $161,529 |
Housing Distribution
Address Breakdown
Residential
3,467
Single Family
3,339
Multi-Family
128
Businesses
173
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