168 WATER STPipe CreekTX78063
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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 Pipe Creek at 168 WATER ST, Pipe Creek, TX, 78063 priced at $100,000 pairs $769/mo rent with $58/mo cash flow after a $489/mo payment. Total monthly income equals $769/mo, and annual cash flow comes to $700/yr on $33,150 invested. Return on cash invested is 22.02% in year one, and rental yield stands at 9.23% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 115.49% and total cumulative return in cash reaches $38,284. For financing, Ziffy Mortgage’s DSCR program evaluates $769/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78063, Pipe Creek, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,140 (100%) |
| Owner Occupied HU | 3,617 (70.4%) |
| Renter Occupied HU | 497 ( 9.7%) |
| Vacant Housing Units | 1,026 (20.0%) |
| Median Home Value | $287,675 |
| Average Home Value | $360,341 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
2,678
Multi-Family
1,334
Businesses
250
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Listed by: Theresa Gomez • Keller Williams City-View
Mls Name: LERA MLS
Mls ID: #1876304