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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Millsap at 2302 Grindstone Rd, Millsap, TX, 76066 earns $2,797/mo cash flow from $7,270/mo rent with a $3,079/mo payment. Total monthly income totals $7,270/mo, and annual cash flow totals $33,561/yr on $206,941 capital. ROI tracks 36.28% on current figures, and rental yield reads 13.87% at a $629,000 purchase. Equity gained on principal adds $4,059/yr, and 5% annual appreciation supports $173,781 over five years. Five-year ROI reaches 191.8% and total cumulative return in cash sums $396,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,270/mo property income instead of your personal income.
Single Family
Built in 2019
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76066, Millsap, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,848 (100%) |
| Owner Occupied HU | 1,410 (76.3%) |
| Renter Occupied HU | 285 (15.4%) |
| Vacant Housing Units | 153 ( 8.3%) |
| Median Home Value | $373,667 |
| Average Home Value | $405,397 |
Residential
1,678
Single Family
1,678
Multi-Family
0
Businesses
122
Date | Event | Price |
|---|---|---|
| 2024-08-10 | Price change | $629,000 |
| 2024-05-23 | Listed for sale | $649,000 |
| 2024-05-07 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $8531.56 | -7.74% | $835,530 | 73.00% |
| 2022-08-14 | $9247.20 | 2.27% | $482,970 | N/A |
| 2021-08-14 | $9042.03 | 5.87% | $482,970 | 15.81% |
Listed by: Dani Doak • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20623438
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.
