763 Mill Creek AcresBrookelandTX75931
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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 Brookeland at 763 Mill Creek Acres, Brookeland, TX, 75931 with 5% annual appreciation on a $799,000 basis while $4,006/mo rent supports operations. 41% in year one. Equity gained on principal adds $5,156/yr, and five-year appreciation sums $220,749 alongside rental yield of 6.02%. Five-year ROI measures 63.8% and total cumulative return in cash totals $167,718. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,006/mo property income versus a $3,911/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75931, Brookeland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 932 (46.2%) |
| Renter Occupied HU | 148 ( 7.3%) |
| Vacant Housing Units | 938 (46.5%) |
| Median Home Value | $265,132 |
| Average Home Value | $309,654 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,581
Multi-Family
0
Businesses
75
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Listed by: April Word • Southeast Texas 1st Realty
Mls Name: HAR
Mls ID: #29478800