6899 E Highway 79MilanoTX76556
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Milano at 6899 E Highway 79, Milano, TX, 76556 offers a 2.29% rental yield on a $690,000 purchase with $1,314/mo rent. 07% in year one. Equity gained on principal adds $4,452/yr while 5% annual appreciation supports $190,634 over five years. Portfolio math shows five-year ROI at 3.01% and total cumulative return in cash at $6,836. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,314/mo property income against a $3,377/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
12.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76556, Milano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 802 (100%) |
| Owner Occupied HU | 570 (71.1%) |
| Renter Occupied HU | 100 (12.5%) |
| Vacant Housing Units | 132 (16.5%) |
| Median Home Value | $235,616 |
| Average Home Value | $409,197 |
Housing Distribution
Address Breakdown
Residential
672
Single Family
672
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices