650 County Road 2700MicoTX78056
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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 Mico at 650 County Road 2700, Mico, TX, 78056 earns $8/mo cash flow from $1,430/mo rent with a $979/mo payment. Total monthly income totals $1,430/mo, and annual cash flow totals $92/yr on $66,300 capital. ROI tracks 20.05% on current figures, and rental yield reads 8.58% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 104.81% and total cumulative return in cash sums $69,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,430/mo property income instead of your personal income.
Manufactured
Built in 2000
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78056, Mico, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 814 (79.9%) |
| Renter Occupied HU | 31 ( 3.0%) |
| Vacant Housing Units | 174 (17.1%) |
| Median Home Value | $486,782 |
| Average Home Value | $498,775 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,081
Multi-Family
0
Businesses
7
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Listed by: Brian Paris • Keller Williams City-View
Mls Name: SABOR
Mls Provider:
Mls ID: #1814025
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.