205 Broadway StMilesTX76861
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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 Miles at 205 Broadway St, Miles, TX, 76861 priced at $257,500 converts $0/mo rent into after a $1,260/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.83% in year one, and rental yield reads 0% against a $257,500 entry. Equity gained on principal adds $1,662/yr, while 5% annual appreciation compiles into $71,143 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,260/mo payment, not borrower’s personal income.
Single Family
Built in 1955
10,323 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76861, Miles, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 601 (66.9%) |
| Renter Occupied HU | 142 (15.8%) |
| Vacant Housing Units | 156 (17.4%) |
| Median Home Value | $257,381 |
| Average Home Value | $271,394 |
Housing Distribution
Address Breakdown
Residential
572
Single Family
572
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices