248 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
Investment property for sale in Emory at 248 Mill St, Emory, TX, 75440 offers a 8.46% rental yield on a $325,000 purchase with $2,292/mo rent. 69% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 102.9% and total cumulative return in cash at $110,857. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,292/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.33 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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Listed by: Keeley Roan • Lone Star Realty - Lake Fork
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25001604
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.