338 Honey Mesquite PathWillisTX77318
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
Investment property for sale in Willis at 338 Honey Mesquite Path, Willis, TX, 77318 at $291,000 posts ROI 27.84% with $638/mo cash flow from $2,707/mo rent. Total monthly income equals $2,707/mo, and annual cash flow records $7,655/yr on $96,467 to close. Return on cash invested measures 27.84% and rental yield reads 11.16% at the current $291,000. Equity gained on principal adds $1,878/yr, and 5% annual appreciation supports $80,398 by year five. Five-year ROI prints 146.59% and total cumulative return in cash totals $141,414.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,707/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
6,795 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77318, Willis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,287 (100%) |
| Owner Occupied HU | 7,710 (74.9%) |
| Renter Occupied HU | 1,462 (14.2%) |
| Vacant Housing Units | 1,115 (10.8%) |
| Median Home Value | $346,271 |
| Average Home Value | $433,090 |
Housing Distribution
Address Breakdown
Residential
9,572
Single Family
9,396
Multi-Family
176
Businesses
303
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