870 Patton RdValley MillsTX76689
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 Valley Mills at 870 Patton Rd, Valley Mills, TX, 76689 at $599,000 posts ROI 7.76% with from $2,240/mo rent. Total monthly income equals $2,240/mo. Return on cash invested measures 7.76% and rental yield reads 4.49% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 38.9% and total cumulative return in cash totals $76,666. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
4.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76689, Valley Mills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,352 (71.9%) |
| Renter Occupied HU | 291 (15.5%) |
| Vacant Housing Units | 238 (12.7%) |
| Median Home Value | $316,498 |
| Average Home Value | $374,401 |
Housing Distribution
Address Breakdown
Residential
1,445
Single Family
1,445
Multi-Family
0
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Berger • RE/MAX Elite Properties
Mls Name: HAR
Mls ID: #40732683