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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 Milford at 404 S Main, Milford, TX, 76670 priced at $235,000 converts $1,594/mo rent into after a $1,150/mo obligation. Total monthly income equals $1,594/mo. Return on cash invested prints 18.72% in year one, and rental yield reads 8.14% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 97.76% and total cumulative return in cash sums $76,156. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,594/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76670, Milford, TX area.
| 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 |
Residential
491
Single Family
491
Multi-Family
0
Businesses
18
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Listed for sale | $235,000 |
| 2021-11-08 | Sold | N/A |
| 2021-10-25 | Pending sale | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $229,449 | -7.28% |
| 2023-02-13 | $2472.67 | -16.59% | $247,475 | 10.00% |
| 2022-02-13 | $2964.52 | N/A | $224,977 | 135.28% |
Listed by: Leslie Majors • Legacy Realty Group
Mls Name: NTREIS
Mls ID: #20836158
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
