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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 2355 Grindstone Rd, Millsap, TX, 76066 uses $243,098 cash to close to unlock $253/yr annual cash flow and $21/mo monthly cash flow. Total monthly income runs $5,276/mo, and a $3,617/mo payment keeps the spread at $21/mo. Purchase price stands at $738,900, and rental yield measures 8.57% with $5,276/mo rent. Return on cash invested shows 20.16% in year one, and 5% annual appreciation builds toward $204,144 over five years. Five-year ROI reaches 105.41% and total cumulative return in cash records $256,261. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,276/mo property income covering a $3,617/mo payment rather than investor’s personal income.
Single Family
Built in 2013
4.07 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 |
|---|---|---|
| 2025-08-05 | Listing removed | $760,000 |
| 2025-06-27 | Price change | $760,000 |
| 2025-06-03 | Listed for sale | $769,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $10042.00 | 11.91% | $813,240 | N/A |
| 2023-10-10 | $8972.95 | -7.39% | $813,240 | 46.03% |
| 2022-10-10 | $9689.19 | 7.13% | $556,910 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
