924 Patton RdValley MillsTX76689
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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 Valley Mills at 924 Patton Rd, Valley Mills, TX, 76689 listed at $635,000 pairs $2,414/mo rent with a $3,108/mo payment. Total monthly income runs $2,414/mo. Return on cash invested measures 7.99% in year one, and rental yield registers 4.56% at a $635,000 basis. Equity gained on principal adds $4,098/yr, and annual property appreciation at 5% supports $175,439 by year five. Five-year ROI tracks 40.11% and total cumulative return in cash totals $83,792. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,414/mo property income relative to a $3,108/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
4.84 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
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Listed by: Katie Miller • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #21102000