64 Lakeview CtHilltop LakesTX77871
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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 Hilltop Lakes at 64 Lakeview Ct, Hilltop Lakes, TX, 77871 offers $2,100/mo rent that, after a $2,051/mo payment. Total monthly income is $2,100/mo. Return on cash invested measures 12.31% in year one, and rental yield stands at 6.01% at a $419,000 entry. Equity gained on principal adds $2,704/yr while 5% annual appreciation compounds into $115,762 by year five. Five-year ROI records 63.32% and total cumulative return in cash reaches $87,953. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,100/mo property income versus a $2,051/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77871, Normangee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,042 (100%) |
| Owner Occupied HU | 1,397 (68.4%) |
| Renter Occupied HU | 226 (11.1%) |
| Vacant Housing Units | 419 (20.5%) |
| Median Home Value | $262,165 |
| Average Home Value | $336,263 |
Housing Distribution
Address Breakdown
Residential
969
Single Family
969
Multi-Family
0
Businesses
95
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Listed by: Chase Neel • Neel & Associates Realty
Mls Name: BCSMLS
Mls ID: #25008788