300 Misti LnDriftwoodTX78619
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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 Driftwood at 300 Misti Ln, Driftwood, TX, 78619 offers $5,786/mo rent that, after a $8,737/mo payment. Total monthly income is $5,786/mo. Return on cash invested measures 6.04% in year one, and rental yield stands at 3.89% at a $1,785,000 entry. Equity gained on principal adds $11,518/yr while 5% annual appreciation compounds into $493,163 by year five. Five-year ROI records 29.6% and total cumulative return in cash reaches $171,174. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,786/mo property income versus a $8,737/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78619, Driftwood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,476 (100%) |
| Owner Occupied HU | 2,132 (86.1%) |
| Renter Occupied HU | 201 ( 8.1%) |
| Vacant Housing Units | 143 ( 5.8%) |
| Median Home Value | $830,838 |
| Average Home Value | $913,539 |
Housing Distribution
Address Breakdown
Residential
2,401
Single Family
2,401
Multi-Family
0
Businesses
150
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