








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 Troy at 1202 College Ave, Troy, TX, 76579 listed at $199,990 pairs $1,674/mo rent with a $979/mo payment to leave $252/mo cash flow. Total monthly income runs $1,674/mo, and annual cash flow reaches $3,020/yr on $66,297 cash to close. Return on cash invested measures 24.46% in year one, and rental yield registers 10.04% at a $199,990 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,254 by year five. Five-year ROI tracks 128.5% and total cumulative return in cash totals $85,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,674/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
4,748 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76579, Troy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,376 (100%) |
| Owner Occupied HU | 1,715 (72.2%) |
| Renter Occupied HU | 465 (19.6%) |
| Vacant Housing Units | 196 ( 8.2%) |
| Median Home Value | $312,327 |
| Average Home Value | $353,136 |
Residential
2,280
Single Family
2,225
Multi-Family
55
Businesses
117
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: Desmond Graham • The Graham Team
Mls Name: NTREIS
Mls ID: #21037020