6511 Mill Creek RdCat SpringTX78933
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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 Cat Spring at 6511 Mill Creek Rd, Cat Spring, TX, 78933 listed at $575,000 pairs $3,158/mo rent with a $2,814/mo payment. Total monthly income runs $3,158/mo. Return on cash invested measures 14.16% in year one, and rental yield registers 6.59% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 73.2% and total cumulative return in cash totals $138,467. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,158/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78933, Cat Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 858 (100%) |
| Owner Occupied HU | 589 (68.6%) |
| Renter Occupied HU | 114 (13.3%) |
| Vacant Housing Units | 155 (18.1%) |
| Median Home Value | $340,865 |
| Average Home Value | $479,312 |
Housing Distribution
Address Breakdown
Residential
741
Single Family
741
Multi-Family
0
Businesses
28
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Listed by: Amy Savoie • eXp Realty LLC
Mls Name: HAR
Mls ID: #38787673