634 Millicent Lakes DrWillisTX77378
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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 Willis at 634 Millicent Lakes Dr, Willis, TX, 77378 with 5% annual appreciation on a $411,990 basis while $3,000/mo rent supports operations. Total monthly income totals $3,000/mo and a $2,016/mo payment preserves $4/mo for cash returns. Annual cash flow comes to $49/yr on $136,575 deployed, and return on cash invested reaches 19.94% in year one. Equity gained on principal adds $2,659/yr, and five-year appreciation sums $113,825 alongside rental yield of 8.74%. Five-year ROI measures 104.49% and total cumulative return in cash totals $142,704.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,000/mo property income versus a $2,016/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
9,486 sqft lot
$N/A/sqft
$800 annually 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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Listed by: Heather Chavana • M/I Homes
Mls Name: HAR
Mls Provider:
Mls ID: #67832180
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