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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 Millsap at 1061 River View Rd, Millsap, TX, 76066 at $295,000 posts ROI 13.12% with from $1,560/mo rent. Total monthly income equals $1,560/mo. Return on cash invested measures 13.12% and rental yield reads 6.35% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 67.79% and total cumulative return in cash totals $66,290. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,560/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
0.89 Acres lot
$N/A/sqft
$180 annually HOA
Neighborhood data shown for ZIP Code: 76066, Millsap, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,848 (100%) |
| Owner Occupied HU | 1,410 (76.3%) |
| Renter Occupied HU | 285 (15.4%) |
| Vacant Housing Units | 153 ( 8.3%) |
| Median Home Value | $373,667 |
| Average Home Value | $405,397 |
Residential
1,678
Single Family
1,678
Multi-Family
0
Businesses
122
Date | Event | Price |
|---|---|---|
| 2024-07-11 | Price change | $295,000 |
| 2024-06-28 | Price change | $300,000 |
| 2024-02-24 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $665.81 | 6.20% | $151,500 | N/A |
| 2022-08-14 | $626.93 | -14.67% | $151,500 | 36.25% |
| 2021-08-14 | $734.67 | 10.47% | $111,190 | N/A |
Listed by: John McGuire • CLARK REAL ESTATE GROUP
Mls Name: NTREIS
Mls ID: #20539489
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.
