








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 Mico at 16875 FM 1283, Mico, TX, 78056 uses $246,750 cash to close to unlock $6,169/yr annual cash flow and $514/mo monthly cash flow. Total monthly income runs $5,858/mo, and a $3,671/mo payment keeps the spread at $514/mo. Purchase price stands at $750,000, and rental yield measures 9.37% with $5,858/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 118.28% and total cumulative return in cash records $291,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,858/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 2015
5.01 Acres lot
$N/A/sqft
$125 annually HOA
Neighborhood data shown for ZIP Code: 78056, Mico, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 814 (79.9%) |
| Renter Occupied HU | 31 ( 3.0%) |
| Vacant Housing Units | 174 (17.1%) |
| Median Home Value | $486,782 |
| Average Home Value | $498,775 |
Residential
1,081
Single Family
1,081
Multi-Family
0
Businesses
7
Date | Event | Price |
|---|---|---|
| 2024-08-21 | Listed for sale | $750,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $6531.36 | -9.98% | $429,966 | 10.00% |
| 2022-08-30 | $7255.78 | 3.74% | $390,878 | 10.00% |
| 2021-08-30 | $6993.87 | 8.71% | $355,344 | 10.00% |



Listed by: Iris Gonzalez • Real
Mls Name: SABOR
Mls Provider:
Mls ID: #1802697
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