406 Kinglet CtWillisTX77378
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 Willis at 406 Kinglet Ct, Willis, TX, 77378 priced at $267,340 converts $1,796/mo rent into after a $1,309/mo obligation. Total monthly income equals $1,796/mo. Return on cash invested prints 18.49% in year one, and rental yield reads 8.06% against a $267,340 entry. Equity gained on principal adds $1,725/yr, while 5% annual appreciation compiles into $73,861 by year five. Five-year ROI reaches 96.48% and total cumulative return in cash sums $85,506. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,796/mo property income covering a $1,309/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77378, Willis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,317 (100%) |
| Owner Occupied HU | 5,263 (71.9%) |
| Renter Occupied HU | 1,615 (22.1%) |
| Vacant Housing Units | 439 ( 6.0%) |
| Median Home Value | $241,863 |
| Average Home Value | $310,531 |
Housing Distribution
Address Breakdown
Residential
7,155
Single Family
7,154
Multi-Family
1
Businesses
486
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