207 Mill StEmoryTX75440
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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 Emory at 207 Mill St, Emory, TX, 75440 priced at $329,000 converts $2,278/mo rent into after a $1,610/mo obligation. Total monthly income equals $2,278/mo. Return on cash invested prints 19.23% in year one, and rental yield reads 8.31% against a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation compiles into $90,897 by year five. Five-year ROI reaches 100.44% and total cumulative return in cash sums $109,545. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,278/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75440, Emory, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,641 (100%) |
| Owner Occupied HU | 2,457 (67.5%) |
| Renter Occupied HU | 596 (16.4%) |
| Vacant Housing Units | 588 (16.1%) |
| Median Home Value | $294,688 |
| Average Home Value | $323,258 |
Housing Distribution
Address Breakdown
Residential
2,901
Single Family
2,849
Multi-Family
52
Businesses
264
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