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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% |
Rental property for sale in Troy at 322 University Ave, Troy, TX, 76579 priced at $296,400 converts $2,400/mo rent into $292/mo cash flow after a $1,451/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $3,504/yr on $98,257 invested. Return on cash invested prints 23.47% in year one, and rental yield reads 9.72% against a $296,400 entry. Equity gained on principal adds $1,913/yr, while 5% annual appreciation compiles into $81,890 by year five. Five-year ROI reaches 123.16% and total cumulative return in cash sums $121,018. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,451/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76579, Troy, TX area.
| 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 |
Residential
2,280
Single Family
2,225
Multi-Family
55
Businesses
117
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: Douglas French • Stylecraft Brokerage, LLC
Mls Name: Central Texas MLS
Mls ID: #599155
