Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Italy at 661 Williams St, Italy, TX, 76651 listed at $185,000 pairs $2,483/mo rent with a $905/mo payment to leave $1,168/mo cash flow. Total monthly income runs $2,483/mo, and annual cash flow reaches $14,015/yr on $61,328 cash to close. Return on cash invested measures 42.76% in year one, and rental yield registers 16.11% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 226.59% and total cumulative return in cash totals $138,963. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,483/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76651, Italy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 843 (64.8%) |
| Renter Occupied HU | 359 (27.6%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $294,492 |
| Average Home Value | $395,569 |
Residential
1,103
Single Family
1,103
Multi-Family
0
Businesses
78
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Listed for sale | $185,000 |
| 2020-03-13 | Listing removed | $1,000 |
| 2020-02-06 | Price change | $1,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $2547.04 | 2.70% | $128,338 | 15.62% |
| 2022-09-05 | $2480.01 | N/A | $111,000 | 23.05% |
| 2021-09-05 | N/A | N/A | $90,210 | 3.82% |
Listed by: Ladd Vien • Real Estate Centre
Mls Name: NTREIS
Mls ID: #20715963
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.
