








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 413 University Ave, Troy, TX, 76579 priced at $294,700 converts $2,400/mo rent into $284/mo cash flow after a $1,442/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $3,407/yr on $97,693 invested. Return on cash invested prints 23.4% in year one, and rental yield reads 9.77% against a $294,700 entry. Equity gained on principal adds $1,902/yr, while 5% annual appreciation compiles into $81,420 by year five. Five-year ROI reaches 122.84% and total cumulative return in cash sums $120,004. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,442/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
$250 annually 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 |
|---|---|---|
| 2025-11-21 | Price change | $294,700 |
| 2025-10-31 | Listed for sale | $293,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
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Listed by: Douglas French • Stylecraft Brokerage, LLC
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #598405
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2025 Central Texas MLS, All Rights Reserved.