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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% |
Investment property for sale in Millsap at 421 Red Bluff Cir, Millsap, TX, 76066 listed at $315,000 pairs $2,394/mo rent with a $1,542/mo payment to leave $154/mo cash flow. Total monthly income runs $2,394/mo, and annual cash flow reaches $1,845/yr on $104,423 cash to close. Return on cash invested measures 21.68% in year one, and rental yield registers 9.12% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 113.53% and total cumulative return in cash totals $118,553. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,394/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2006
4.87 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76066, Millsap, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,848 (100%) |
| Owner Occupied HU | 1,410 (76.3%) |
| Renter Occupied HU | 285 (15.4%) |
| Vacant Housing Units | 153 ( 8.3%) |
| Median Home Value | $373,667 |
| Average Home Value | $405,397 |
Residential
1,678
Single Family
1,678
Multi-Family
0
Businesses
122
Date | Event | Price |
|---|---|---|
| 2025-06-03 | Listed for sale | $315,000 |
| 2022-11-23 | Sold | N/A |
| 2022-10-28 | Pending sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-04 | $1620.27 | 17.85% | $260,100 | 20.21% |
| 2023-06-04 | $1374.89 | 346.87% | $216,370 | 26.19% |
| 2022-06-04 | $307.67 | -11.25% | $171,460 | 219.17% |
Listed by: Lisa McKenzie • Weichert REALTORS, Team Realty
Mls Name: NTREIS
Mls ID: #20914616
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.
