402 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 402 University Ave, Troy, TX, 76579 offers $2,400/mo rent that, after a $1,300/mo payment, leaves $511/mo cash flow. Total monthly income is $2,400/mo, and annual cash flow is $6,135/yr on $88,046 cash. Return on cash invested measures 26.88% in year one, and rental yield stands at 10.84% at a $265,600 entry. Equity gained on principal adds $1,714/yr while 5% annual appreciation compounds into $73,380 by year five. Five-year ROI records 141.46% and total cumulative return in cash reaches $124,548. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
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