609 S Creekwood DrDriftwoodTX78619
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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
Rental property for sale in Driftwood at 609 S Creekwood Dr, Driftwood, TX, 78619 priced at $1,799,000 pairs $7,304/mo rent with after a $8,805/mo payment. Total monthly income equals $7,304/mo. Return on cash invested is 9.07% in year one, and rental yield stands at 4.87% on a $1,799,000 basis. Equity gained on principal adds $11,609/yr, and 5% annual appreciation accumulates to $497,031 by year five. Five-year ROI measures 45.86% and total cumulative return in cash reaches $267,309. For financing, Ziffy Mortgage’s DSCR program evaluates $7,304/mo property income against a $8,805/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
3.31 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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