County Road 234MilanoTX76556
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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 Milano at County Road 234, Milano, TX, 76556 uses $55,135 cash to close to unlock $11,500/yr annual cash flow and $958/mo monthly cash flow. Total monthly income runs $2,141/mo, and a $814/mo payment keeps the spread at $958/mo. Purchase price stands at $166,320, and rental yield measures 15.45% with $2,141/mo rent. Return on cash invested shows 40.77% in year one, and 5% annual appreciation builds toward $45,951 over five years. Five-year ROI reaches 215.96% and total cumulative return in cash records $119,070. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,141/mo property income covering a $814/mo payment rather than investor’s personal income.
Lot
Built in N/A
10.04 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: Jennifer Fletcher • Ranch House Real Estate, LLC
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24009606
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.