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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 Troy at 645 W Big Elm Rd, Troy, TX, 76579 priced at $1,199,000 pairs $2,034/mo rent with after a $5,869/mo payment. Total monthly income equals $2,034/mo. Return on cash invested is 0.31% in year one, and rental yield stands at 2.04% on a $1,199,000 basis. Equity gained on principal adds $7,737/yr, and 5% annual appreciation accumulates to $331,262 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $5,869/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
13.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76579, Troy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,376 (100%) |
| Owner Occupied HU | 1,715 (72.2%) |
| Renter Occupied HU | 465 (19.6%) |
| Vacant Housing Units | 196 ( 8.2%) |
| Median Home Value | $312,327 |
| Average Home Value | $353,136 |
Residential
2,280
Single Family
2,225
Multi-Family
55
Businesses
117
Date | Event | Price |
|---|---|---|
| 2025-05-14 | Listed for sale | $1,199,000 |
| 2024-04-18 | Listing removed | $1,290,000 |
| 2024-04-02 | Listed for sale | $1,290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-24 | $8227.32 | 8.37% | $927,872 | 9.02% |
| 2023-05-24 | $7591.67 | -12.48% | $851,082 | 16.02% |
| 2022-05-24 | $8673.85 | N/A | $733,568 | 21.46% |
Listed by: Melanie Kirchmeier • Century 21 Bill Bartlett
Mls Name: NTREIS
Mls ID: #20936428
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.
