404 S Mill StFlatoniaTX78941
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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 Flatonia at 404 S Mill St, Flatonia, TX, 78941 uses $64,643 cash to close to unlock $1,833/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,539/mo, and a $954/mo payment keeps the spread at $153/mo. Purchase price stands at $195,000, and rental yield measures 9.47% with $1,539/mo rent. Return on cash invested shows 22.74% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 119.27% and total cumulative return in cash records $77,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,539/mo property income covering a $954/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78941, Flatonia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 953 (60.7%) |
| Renter Occupied HU | 188 (12.0%) |
| Vacant Housing Units | 428 (27.3%) |
| Median Home Value | $304,573 |
| Average Home Value | $452,568 |
Housing Distribution
Address Breakdown
Residential
1,014
Single Family
1,014
Multi-Family
0
Businesses
160
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