600 SUMMIT ROADPipe 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 600 SUMMIT ROAD, Pipe Creek, TX, 78063 with 5% annual appreciation on a $294,000 basis while $1,740/mo rent supports operations. 28% in year one. Equity gained on principal adds $1,897/yr, and five-year appreciation sums $81,227 alongside rental yield of 7.1%. Five-year ROI measures 79.39% and total cumulative return in cash totals $77,376. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,740/mo property income versus a $1,439/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1998
5.05 Acres lot
$N/A/sqft
$300 annually 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: Michelle Reichle • Hi Energy Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1819288
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.