1214 College AveTroyTX76579
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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 Troy at 1214 College Ave, Troy, TX, 76579 offers a 9.94% rental yield on a $202,082 purchase with $1,674/mo rent. Total monthly income registers $1,674/mo, and a $989/mo payment leaves $237/mo available for distribution. Annual cash flow reaches $2,845/yr on $66,990 to close, and return on cash invested stands at 24.16% in year one. Equity gained on principal adds $1,304/yr while 5% annual appreciation supports $55,832 over five years. Portfolio math shows five-year ROI at 126.9% and total cumulative return in cash at $85,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,674/mo property income against a $989/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76579, Troy, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,225
Multi-Family
55
Businesses
117
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