365 Shamrock 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 365 Shamrock Dr, Milam, TX, 75959 earns from $1,860/mo rent with a $1,468/mo payment. Total monthly income totals $1,860/mo. ROI tracks 16.62% on current figures, and rental yield reads 7.44% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 86.42% and total cumulative return in cash sums $85,912. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,860/mo property income instead of your personal income.
Single Family
Built in 2003
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: Caleb M Graf • Allman Company
Mls Name: TAR MLS
Mls ID: #210755
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-08-13 04:12:51 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.