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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Milford at 911 Dovie Ln, Milford, TX, 76670 priced at $565,000 converts $3,761/mo rent into after a $2,765/mo obligation. Total monthly income equals $3,761/mo. Return on cash invested prints 18.4% in year one, and rental yield reads 7.99% against a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation compiles into $156,099 by year five. Five-year ROI reaches 95.97% and total cumulative return in cash sums $178,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,761/mo property income covering a $2,765/mo payment, not borrower’s personal income.
Single Family
Built in 2024
2.83 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76670, Milford, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 670 (100%) |
| Owner Occupied HU | 451 (67.3%) |
| Renter Occupied HU | 130 (19.4%) |
| Vacant Housing Units | 89 (13.3%) |
| Median Home Value | $205,597 |
| Average Home Value | $263,803 |
Residential
491
Single Family
491
Multi-Family
0
Businesses
18
Date | Event | Price |
|---|---|---|
| 2024-12-18 | Price change | $565,000 |
| 2024-07-19 | Price change | $585,000 |
| 2024-05-06 | Listed for sale | $600,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jason Kramer • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #20609284
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.
