179 Mill StWillisTX77378
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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 179 Mill St, Willis, TX, 77378 listed at $114,400 pairs $874/mo rent with a $560/mo payment to leave $60/mo cash flow. Total monthly income runs $874/mo, and annual cash flow reaches $725/yr on $37,924 cash to close. Return on cash invested measures 21.82% in year one, and rental yield registers 9.17% at a $114,400 basis. Equity gained on principal adds $738/yr, and annual property appreciation at 5% supports $31,607 by year five. Five-year ROI tracks 114.39% and total cumulative return in cash totals $43,381. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $874/mo property income relative to a $560/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
0.30 Acres lot
$N/A/sqft
No 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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