Cannon Snap RdMilanoTX76556
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 Milano at Cannon Snap Rd, Milano, TX, 76556 with 5% annual appreciation on a $1,222,950 basis while $1,314/mo rent supports operations. 99% in year one. Equity gained on principal adds $7,892/yr, and five-year appreciation sums $337,879 alongside rental yield of 1.29%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,314/mo property income versus a $5,986/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
81.53 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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