900 River View RdMillsapTX76066
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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 Millsap at 900 River View Rd, Millsap, TX, 76066 uses $46,410 cash to close to unlock $1,556/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $1,125/mo, and a $685/mo payment keeps the spread at $130/mo. Purchase price stands at $140,000, and rental yield measures 9.64% with $1,125/mo rent. Return on cash invested shows 23.26% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 122.04% and total cumulative return in cash records $56,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,125/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 2016
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76066, Millsap, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,848 (100%) |
| Owner Occupied HU | 1,410 (76.3%) |
| Renter Occupied HU | 285 (15.4%) |
| Vacant Housing Units | 153 ( 8.3%) |
| Median Home Value | $373,667 |
| Average Home Value | $405,397 |
Housing Distribution
Address Breakdown
Residential
1,678
Single Family
1,678
Multi-Family
0
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Lisa McKenzie • Weichert REALTORS, Team Realty
Mls Name: NTREIS
Mls ID: #21016065
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.