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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 Argyle at 1004 3rd St, Argyle, TX, 76226 generates $3,070/mo in rent and, after a $1,762/mo payment, leaves $87/mo in cash flow. Total monthly income is $3,070/mo, and annual cash flow is $1,048/yr on $119,340 invested. Return on cash invested sits at 20.79% in year one, and rental yield is 10.23% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 110.32% and total cumulative return in cash sums $131,661. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,070/mo property income rather than buyer’s personal income.
Condo
Built in 2022
422.53 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| 2025-02-12 | Listed for sale | $360,000 |
| 2022-12-29 | Sold | N/A |
| 2022-11-05 | Contingent | $383,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $8349.69 | 9.76% | $368,904 | 3.70% |
| 2023-02-13 | $7607.51 | 867.72% | $355,733 | 673.10% |
| 2022-02-13 | $786.13 | -1.42% | $46,014 | -40.00% |
Listed by: Haley Howard • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #20841204
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.
