








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 Milford at 161 E Water St, Milford, TX, 76670 listed at $270,000 pairs $2,525/mo rent with a $1,322/mo payment to leave $605/mo cash flow. Total monthly income runs $2,525/mo, and annual cash flow reaches $7,254/yr on $89,505 cash to close. Return on cash invested measures 28.01% in year one, and rental yield registers 11.22% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 147.53% and total cumulative return in cash totals $132,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,525/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76670, Milford, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 670 (100%) |
| Owner Occupied HU | 451 (67.3%) |
| Renter Occupied HU | 130 (19.4%) |
| Vacant Housing Units | 89 (13.3%) |
| Median Home Value | $205,597 |
| Average Home Value | $263,803 |
Residential
491
Single Family
491
Multi-Family
0
Businesses
18
Date | Event | Price |
|---|---|---|
| 2024-12-14 | Listed for sale | $270,000 |
| 2024-12-11 | Pending sale | $270,000 |
| 2024-12-06 | Price change | $270,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $232,142 | 673.81% |
| 2023-02-13 | $398.98 | 33.73% | $30,000 | -85.94% |
| 2022-02-13 | $298.35 | N/A | $213,440 | 49.37% |



Listed by: Renee Gillette • Central Lux Realty, LLC
Mls Name: NTREIS
Mls ID: #20773915
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.