351 Hawthorne LoopDriftwoodTX78619
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 Driftwood at 351 Hawthorne Loop, Driftwood, TX, 78619 priced at $925,000 pairs $5,374/mo rent with after a $4,527/mo payment. Total monthly income equals $5,374/mo. Return on cash invested is 15.32% in year one, and rental yield stands at 6.97% on a $925,000 basis. Equity gained on principal adds $5,969/yr, and 5% annual appreciation accumulates to $255,560 by year five. Five-year ROI measures 79.39% and total cumulative return in cash reaches $241,609. For financing, Ziffy Mortgage’s DSCR program evaluates $5,374/mo property income against a $4,527/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
1.69 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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