Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Millsap at 1350 Stephens Rd, Millsap, TX, 76066 generates $1,921/mo in rent and, after a $1,170/mo payment, leaves $221/mo in cash flow. Total monthly income is $1,921/mo, and annual cash flow is $2,655/yr on $79,229 invested. Return on cash invested sits at 23.26% in year one, and rental yield is 9.65% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 122.06% and total cumulative return in cash sums $96,708. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,921/mo property income rather than buyer’s personal income.
Manufactured
Built in 2006
1 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-07 | Listed for sale | $239,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-07 | $497.72 | 12.03% | $199,430 | N/A |
| 2023-06-07 | $444.29 | -45.39% | $199,430 | 50.67% |
| 2022-06-07 | $813.62 | -9.58% | $132,360 | N/A |
Listed by: Cody Denson • Gingrich Group, LLC
Mls Name: NTREIS
Mls ID: #20954884
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.
