450 MillsPipe CreekTX78063
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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
Investment property for sale in Pipe Creek at 450 Mills, Pipe Creek, TX, 78063 offers a 7.05% rental yield on a $240,000 purchase with $1,411/mo rent. 44% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 80.08% and total cumulative return in cash at $63,710. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,411/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
0.57 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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Listed by: Lindsay Barnett • Barnett Realty Group, LLC
Mls Name: LERA MLS
Mls ID: #1925049