172 Private Road 2622MicoTX78056
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
Investment property for sale in Mico at 172 Private Road 2622, Mico, TX, 78056 listed at $189,500 pairs $1,046/mo rent with a $928/mo payment. Total monthly income runs $1,046/mo. Return on cash invested measures 14.14% in year one, and rental yield registers 6.62% at a $189,500 basis. Equity gained on principal adds $1,223/yr, and annual property appreciation at 5% supports $52,355 by year five. Five-year ROI tracks 73.12% and total cumulative return in cash totals $45,935. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,046/mo property income relative to a $928/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78056, Mico, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,081
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peter Johnson • LPT Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1839691
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.