214 Star LnPipe CreekTX78063
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 214 Star Ln, Pipe Creek, TX, 78063 priced at $379,900 converts $2,448/mo rent into after a $1,859/mo obligation. Total monthly income equals $2,448/mo. Return on cash invested prints 17.18% in year one, and rental yield reads 7.73% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 89.53% and total cumulative return in cash sums $112,757. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,448/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.38 Acres lot
$N/A/sqft
$400 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kent Black • Fathom Realty
Mls Name: LERA MLS
Mls Provider:
Mls ID: #1898784
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.