215 Cypress Bend DrVillage MillsTX77663
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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 Village Mills at 215 Cypress Bend Dr, Village Mills, TX, 77663 priced at $299,000 converts $2,725/mo rent into $599/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,725/mo, and annual cash flow totals $7,191/yr on $99,119 invested. Return on cash invested prints 27.16% in year one, and rental yield reads 10.94% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 142.98% and total cumulative return in cash sums $141,718. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,725/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77663, Village Mills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 624 (100%) |
| Owner Occupied HU | 477 (76.4%) |
| Renter Occupied HU | 52 ( 8.3%) |
| Vacant Housing Units | 95 (15.2%) |
| Median Home Value | $184,407 |
| Average Home Value | $178,187 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
28
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Listed by: Mitchelle Sonnier • Coldwell Banker Lumberton
Mls Name: BBOR
Mls Provider:
Mls ID: #251996
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.