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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Salado at 1015 Old Mill Rd UNIT 20, Salado, TX, 76571 offers a 9.16% rental yield on a $169,900 purchase with $1,297/mo rent. Total monthly income registers $1,297/mo, and a $832/mo payment leaves $88/mo available for distribution. Annual cash flow reaches $1,061/yr on $56,322 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 114.18% and total cumulative return in cash at $64,310. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,297/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76571, Salado, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,913 (100%) |
| Owner Occupied HU | 3,095 (79.1%) |
| Renter Occupied HU | 574 (14.7%) |
| Vacant Housing Units | 244 ( 6.2%) |
| Median Home Value | $445,392 |
| Average Home Value | $511,914 |
Residential
4,248
Single Family
4,240
Multi-Family
8
Businesses
519
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
