306 University AveTroyTX76579
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Troy at 306 University Ave, Troy, TX, 76579 priced at $247,900 converts $2,034/mo rent into $271/mo cash flow after a $1,213/mo obligation. Total monthly income equals $2,034/mo, and annual cash flow totals $3,258/yr on $82,179 invested. Return on cash invested prints 23.87% in year one, and rental yield reads 9.85% against a $247,900 entry. Equity gained on principal adds $1,600/yr, while 5% annual appreciation compiles into $68,490 by year five. Five-year ROI reaches 125.33% and total cumulative return in cash sums $102,995. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,213/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76579, Troy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,376 (100%) |
| Owner Occupied HU | 1,715 (72.2%) |
| Renter Occupied HU | 465 (19.6%) |
| Vacant Housing Units | 196 ( 8.2%) |
| Median Home Value | $312,327 |
| Average Home Value | $353,136 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,225
Multi-Family
55
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
