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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 2505 Lazy Bend Rd, Millsap, TX, 76066 listed at $1,295,000 pairs $4,572/mo rent with a $6,338/mo payment. Total monthly income runs $4,572/mo. Return on cash invested measures 7.11% in year one, and rental yield registers 4.24% at a $1,295,000 basis. Equity gained on principal adds $8,356/yr, and annual property appreciation at 5% supports $357,785 by year five. Five-year ROI tracks 35.35% and total cumulative return in cash totals $148,302. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,572/mo property income relative to a $6,338/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
12 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: Paula Mitchell • Mitchell Real Estate & Mgt, LL
Mls Name: NTREIS
Mls ID: #20931422
