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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 Millsap at 5220 Bennett Rd, Millsap, TX, 76066 generates $4,831/mo in rent, after a $7,586/mo payment. Total monthly income is $4,831/mo. Return on cash invested sits at 5.58% in year one, and rental yield is 3.74% on a $1,550,000 entry. Equity gained on principal adds $10,002/yr, while 5% annual appreciation builds toward $428,236 over five years. Five-year ROI reaches 27.13% and total cumulative return in cash sums $136,249. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,831/mo property income rather than buyer’s personal income.
Apartment
Built in 2018
10.21 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 |
|---|---|---|
| 2024-09-04 | Listed for sale | $1,550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $9999.23 | 11.83% | $693,510 | N/A |
| 2023-12-27 | $8941.33 | -9.96% | $693,510 | 14.50% |
| 2022-12-27 | $9930.02 | 6.34% | $605,690 | N/A |
Listed by: Nancy Hawkins • Texas Property Brokers, LLC
Mls Name: NTREIS
Mls ID: #20720432
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.
