241 County Road 3160Valley MillsTX76689
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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
Investment property for sale in Valley Mills at 241 County Road 3160, Valley Mills, TX, 76689 offers a 8.3% rental yield on a $699,000 purchase with $4,832/mo rent. 34% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 100.96% and total cumulative return in cash at $232,190. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,832/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76689, Valley Mills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,352 (71.9%) |
| Renter Occupied HU | 291 (15.5%) |
| Vacant Housing Units | 238 (12.7%) |
| Median Home Value | $316,498 |
| Average Home Value | $374,401 |
Housing Distribution
Address Breakdown
Residential
1,445
Single Family
1,445
Multi-Family
0
Businesses
88
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Listed by: Reagan Franco • Texas Luxury and Land
Mls Name: WMLS
Mls Provider:
Mls ID: #222649
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-16 04:24:49 PDT