6611 MillrockLive OakTX78233
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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 Live Oak at 6611 Millrock, Live Oak, TX, 78233 uses $84,499 cash to close to unlock $2,115/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $2,125/mo, and a $1,248/mo payment keeps the spread at $176/mo. Purchase price stands at $254,900, and rental yield measures 10% with $2,125/mo rent. Return on cash invested shows 22.41% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 118.2% and total cumulative return in cash records $99,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,125/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 2002
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78233, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,939 (100%) |
| Owner Occupied HU | 12,430 (56.7%) |
| Renter Occupied HU | 8,393 (38.3%) |
| Vacant Housing Units | 1,116 ( 5.1%) |
| Median Home Value | $244,635 |
| Average Home Value | $274,163 |
Housing Distribution
Address Breakdown
Residential
20,360
Single Family
16,246
Multi-Family
4,114
Businesses
1,159
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Listed by: Allison Schwarz • 1 Percent Lists Lonestar Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1857565
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.