969 Garden Path 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 969 Garden Path Dr, Willis, TX, 77378 uses $121,657 cash to close to unlock $3,886/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,796/mo payment keeps the spread at $324/mo. Purchase price stands at $366,990, and rental yield measures 9.81% with $3,000/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $101,393 over five years. Five-year ROI reaches 121.42% and total cumulative return in cash records $147,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,796/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,237 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: #93785262
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