264 Lake DrMilamTX75959
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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 Milam at 264 Lake Dr, Milam, TX, 75959 at $165,000 posts ROI 28.51% with $392/mo cash flow from $1,566/mo rent. Total monthly income equals $1,566/mo, and annual cash flow records $4,707/yr on $54,698 to close. Return on cash invested measures 28.51% and rental yield reads 11.39% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 150.28% and total cumulative return in cash totals $82,199.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,566/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75959, Milam, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 719 (100%) |
| Owner Occupied HU | 365 (50.8%) |
| Renter Occupied HU | 40 ( 5.6%) |
| Vacant Housing Units | 314 (43.7%) |
| Median Home Value | $183,203 |
| Average Home Value | $236,808 |
Housing Distribution
Address Breakdown
Residential
481
Single Family
481
Multi-Family
0
Businesses
34
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Listed by: Kirstee Sitton • Double K Realty, LLC
Mls Name: BBOR
Mls Provider:
Mls ID: #247859
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is 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.