4605 Carters Ferry Rd EMilamTX75959
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 Milam at 4605 Carters Ferry Rd E, Milam, TX, 75959 generates $1,466/mo in rent, after a $1,410/mo payment. Total monthly income is $1,466/mo. Return on cash invested sits at 12.59% in year one, and rental yield is 6.11% on a $288,000 entry. Equity gained on principal adds $1,858/yr, while 5% annual appreciation builds toward $79,569 over five years. Five-year ROI reaches 64.79% and total cumulative return in cash sums $61,860. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,466/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
2.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75959, Milam, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 719 (100%) |
| Owner Occupied HU | 365 (50.8%) |
| Renter Occupied HU | 40 ( 5.6%) |
| Vacant Housing Units | 314 (43.7%) |
| Median Home Value | $183,203 |
| Average Home Value | $236,808 |
Housing Distribution
Address Breakdown
Residential
481
Single Family
481
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shane Allman • Allman Company
Mls Name: LAR
Mls Provider:
Mls ID: #4210318
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.