1409 Bancroft StTroyTX76579
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Troy at 1409 Bancroft St, Troy, TX, 76579 priced at $271,180 pairs $2,034/mo rent with $81/mo cash flow after a $1,327/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $971/yr on $89,896 invested. Return on cash invested is 20.99% in year one, and rental yield stands at 9% on a $271,180 basis. Equity gained on principal adds $1,750/yr, and 5% annual appreciation accumulates to $74,922 by year five. Five-year ROI measures 109.95% and total cumulative return in cash reaches $98,844. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $1,327/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$300 annually 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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Listed by: Eleonora Santana • NextHome Tropicana Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #543660
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.