9854 County Road 342MilanoTX76556
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
Rental property for sale in Milano at 9854 County Road 342, Milano, TX, 76556 generates $2,416/mo in rent, after a $4,381/mo payment. Total monthly income is $2,416/mo. Return on cash invested sits at 3.97% in year one, and rental yield is 3.24% on a $895,000 entry. Equity gained on principal adds $5,775/yr, while 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 18.55% and total cumulative return in cash sums $54,626. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,416/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
32.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76556, Milano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 802 (100%) |
| Owner Occupied HU | 570 (71.1%) |
| Renter Occupied HU | 100 (12.5%) |
| Vacant Housing Units | 132 (16.5%) |
| Median Home Value | $235,616 |
| Average Home Value | $409,197 |
Housing Distribution
Address Breakdown
Residential
672
Single Family
672
Multi-Family
0
Businesses
34
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Listed by: Kathryne Roddam • Keller Williams Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #6777202
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-12-26 22:14:37 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)