169 Mockingbird LnMilamTX75959
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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
Rental property for sale in Milam at 169 Mockingbird Ln, Milam, TX, 75959 priced at $425,000 converts $2,792/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,792/mo. Return on cash invested prints 17.95% in year one, and rental yield reads 7.88% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 93.54% and total cumulative return in cash sums $131,789. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,792/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in N/A
3.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75959, Milam, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 719 (100%) |
| Owner Occupied HU | 365 (50.8%) |
| Renter Occupied HU | 40 ( 5.6%) |
| Vacant Housing Units | 314 (43.7%) |
| Median Home Value | $183,203 |
| Average Home Value | $236,808 |
Housing Distribution
Address Breakdown
Residential
481
Single Family
481
Multi-Family
0
Businesses
34
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Listed by: Georgina Stewart • A Real Estate Connection
Mls Name: LAR
Mls Provider:
Mls ID: #4209200
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.