511 Cypress Bend DrVillage MillsTX77663
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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 Village Mills at 511 Cypress Bend Dr, Village Mills, TX, 77663 with 5% annual appreciation on a $199,900 basis while $1,593/mo rent supports operations. Total monthly income totals $1,593/mo and a $978/mo payment preserves $172/mo for cash returns. Annual cash flow comes to $2,063/yr on $66,267 deployed, and return on cash invested reaches 23.02% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 9.56%. Five-year ROI measures 120.73% and total cumulative return in cash totals $80,005.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,593/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77663, Village Mills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 624 (100%) |
| Owner Occupied HU | 477 (76.4%) |
| Renter Occupied HU | 52 ( 8.3%) |
| Vacant Housing Units | 95 (15.2%) |
| Median Home Value | $184,407 |
| Average Home Value | $178,187 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
28
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Listed by: Jill Nolan • JNK Home & Land, LLC
Mls Name: BBOR
Mls ID: #262234