311 S Main St, Milford, TX, 76670 | $97/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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311 S Main St, Milford, TX, 76670 | $97/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Milford at 311 S Main St, Milford, TX, 76670 priced at $193,572 pairs $1,473/mo rent with $97/mo cash flow after a $947/mo payment. Total monthly income equals $1,473/mo, and annual cash flow comes to $1,163/yr on $64,169 invested. Return on cash invested is 21.72% in year one, and rental yield stands at 9.13% on a $193,572 basis. Equity gained on principal adds $1,249/yr, and 5% annual appreciation accumulates to $53,480 by year five. Five-year ROI measures 113.76% and total cumulative return in cash reaches $73,002. For financing, Ziffy Mortgage’s DSCR program evaluates $1,473/mo property income against a $947/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1900

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in the heart of Milford, this enchanting historic single-family home offers a perfect fusion of timeless elegance and modern comfort. Featuring 3 spacious bedrooms and 2 well-appointed bathrooms, the home sits on a generous 0.24-acre lot, providing ample space for outdoor activities. A beautifully crafted outdoor deck serves as an inviting retreat, ideal for hosting gatherings, enjoying morning coffee, or simply unwinding amidst the serene surroundings. The homes classic architectural details, including period-inspired accents, blend seamlessly with contemporary upgrades, creating a warm and welcoming atmosphere.Perfectly positioned just a few blocks from Interstate 35E, this property ensures an effortless commute to Dallas (45 minutes) or Waco (30 minutes), making it ideal for professionals and families alike. Located on the south end of Main Street, the home is at the heart of Milfords vibrant community and only a short 5-minute walk to Milford ISD schools, as well as charming local shops and delightful dining options. This property is a rare opportunity to own a piece of history with the space, farm hous amenities, and prime location to relax, entertain, and thrive in a close-knit, small-town setting, with easy access to nearby urban centers.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76670, Milford, TX area.

Housing Distribution

Housing Statistics

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