608 Milam St #21Santa RosaTX78593
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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
Investment property for sale in Santa Rosa at 608 Milam St #21, Santa Rosa, TX, 78593 uses $42,432 cash to close to unlock $1,203/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $1,010/mo, and a $627/mo payment keeps the spread at $100/mo. Purchase price stands at $128,000, and rental yield measures 9.47% with $1,010/mo rent. Return on cash invested shows 22.74% in year one, and 5% annual appreciation builds toward $35,364 over five years. Five-year ROI reaches 119.34% and total cumulative return in cash records $50,639. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,010/mo property income covering a $627/mo payment rather than investor’s personal income.
Single Family
Built in 2011
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78593, Santa Rosa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,866 (100%) |
| Owner Occupied HU | 1,267 (67.9%) |
| Renter Occupied HU | 401 (21.5%) |
| Vacant Housing Units | 198 (10.6%) |
| Median Home Value | $160,212 |
| Average Home Value | $190,128 |
Housing Distribution
Address Breakdown
Residential
834
Single Family
784
Multi-Family
50
Businesses
25
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Listed by: Sandra Lee • SANMAR Elite Properties
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29763525
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.