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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 Milford at 301 S Elm St, Milford, TX, 76670 with 5% annual appreciation on a $340,000 basis while $2,963/mo rent supports operations. Total monthly income totals $2,963/mo and a $1,664/mo payment preserves $545/mo for cash returns. Annual cash flow comes to $6,544/yr on $112,710 deployed, and return on cash invested reaches 25.72% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 10.46%. Five-year ROI measures 135.21% and total cumulative return in cash totals $152,394.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,963/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76670, Milford, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 670 (100%) |
| Owner Occupied HU | 451 (67.3%) |
| Renter Occupied HU | 130 (19.4%) |
| Vacant Housing Units | 89 (13.3%) |
| Median Home Value | $205,597 |
| Average Home Value | $263,803 |
Residential
491
Single Family
491
Multi-Family
0
Businesses
18
Date | Event | Price |
|---|---|---|
| 2024-11-21 | Price change | $340,000 |
| 2024-11-08 | Listed for sale | $349,000 |
| 2024-09-10 | Listing removed | $355,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $317,425 | 7.60% |
| 2023-12-27 | $3104.72 | -25.61% | $295,000 | 5.45% |
| 2022-12-27 | $4173.43 | N/A | $279,766 | 303.30% |
Listed by: Lyndee Robinson • RE/MAX Arbors
Mls Name: NTREIS
Mls ID: #20773972
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
