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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 Valley Mills at 502 S 6th St, Valley Mills, TX, 76689 offers $1,314/mo rent that, after a $1,810/mo payment. Total monthly income is $1,314/mo. Return on cash invested measures 7.03% in year one, and rental yield stands at 4.26% at a $369,900 entry. Equity gained on principal adds $2,387/yr while 5% annual appreciation compounds into $102,197 by year five. Five-year ROI records 35.03% and total cumulative return in cash reaches $42,958. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,314/mo property income versus a $1,810/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76689, Valley Mills, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,352 (71.9%) |
| Renter Occupied HU | 291 (15.5%) |
| Vacant Housing Units | 238 (12.7%) |
| Median Home Value | $316,498 |
| Average Home Value | $374,401 |
Residential
1,445
Single Family
1,445
Multi-Family
0
Businesses
88
Date | Event | Price |
|---|---|---|
| 2025-04-27 | Listed for sale | $369,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Danya Lane • Texas Luxury and Land
Mls Name: NTREIS
Mls ID: #20916454
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.
