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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 Cleburne at 1008 Turner St, Cleburne, TX, 76033 generates $3,023/mo in rent and, after a $1,150/mo payment, leaves $1,316/mo in cash flow. Total monthly income is $3,023/mo, and annual cash flow is $15,790/yr on $77,903 invested. Return on cash invested sits at 40.18% in year one, and rental yield is 15.44% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 212.95% and total cumulative return in cash sums $165,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,023/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
9,626 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,086 (58.5%) |
| Renter Occupied HU | 4,001 (33.0%) |
| Vacant Housing Units | 1,028 ( 8.5%) |
| Median Home Value | $259,771 |
| Average Home Value | $310,697 |
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $4336.75 | 13.05% | $194,887 | 27.14% |
| 2022-08-13 | $3836.02 | -4.08% | $153,280 | N/A |
| 2021-08-13 | $3999.22 | 55.40% | $153,280 | 38.54% |
Listed by: Lisa Ellis • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20694245
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.
