Tract 58B- 6 Miller Creek RanchBriggsTX78608
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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 Briggs at Tract 58B- 6 Miller Creek Ranch, Briggs, TX, 78608 with 5% annual appreciation on a $350,350 basis while $2,820/mo rent supports operations. Total monthly income totals $2,820/mo and a $1,715/mo payment preserves $328/mo for cash returns. Annual cash flow comes to $3,941/yr on $116,141 deployed, and return on cash invested reaches 23.3% in year one. Equity gained on principal adds $2,261/yr, and five-year appreciation sums $96,795 alongside rental yield of 9.66%. Five-year ROI measures 122.28% and total cumulative return in cash totals $142,012.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,820/mo property income versus a $1,715/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
20.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78608, Briggs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 271 (69.5%) |
| Renter Occupied HU | 50 (12.8%) |
| Vacant Housing Units | 69 (17.7%) |
| Median Home Value | $569,954 |
| Average Home Value | $594,493 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
276
Multi-Family
0
Businesses
25
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