292 Phillip DrPipe CreekTX78063
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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
Investment property for sale in Pipe Creek at 292 Phillip Dr, Pipe Creek, TX, 78063 at $455,920 posts ROI 21.06% with $145/mo cash flow from $3,388/mo rent. Total monthly income equals $3,388/mo, and annual cash flow records $1,745/yr on $151,137 to close. Return on cash invested measures 21.06% and rental yield reads 8.92% at the current $455,920. Equity gained on principal adds $2,942/yr, and 5% annual appreciation supports $125,962 by year five. Five-year ROI prints 110.25% and total cumulative return in cash totals $166,636.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,388/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
10.16 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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