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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 2350 Grindstone Rd, Millsap, TX, 76066 offers a 8.47% rental yield on a $450,000 purchase with $3,176/mo rent. 71% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 103% and total cumulative return in cash at $153,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,176/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
1 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Justin Zamarippa • It's Closing Time Realty
Mls Name: NTREIS
Mls ID: #21087599
