1710 Old Mill Rd UNIT 12SaladoTX76571
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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
Investment property for sale in Salado at 1710 Old Mill Rd UNIT 12, Salado, TX, 76571 offers a 5.19% rental yield on a $470,000 purchase with $2,034/mo rent. 84% in year one. Equity gained on principal adds $3,033/yr while 5% annual appreciation supports $129,852 over five years. Portfolio math shows five-year ROI at 50.05% and total cumulative return in cash at $77,985. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,034/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1977
3,354 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76571, Salado, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,913 (100%) |
| Owner Occupied HU | 3,095 (79.1%) |
| Renter Occupied HU | 574 (14.7%) |
| Vacant Housing Units | 244 ( 6.2%) |
| Median Home Value | $445,392 |
| Average Home Value | $511,914 |
Housing Distribution
Address Breakdown
Residential
4,248
Single Family
4,240
Multi-Family
8
Businesses
519
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