








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 1016 Turner St, Cleburne, TX, 76033 generates $1,994/mo in rent and, after a $1,047/mo payment, leaves $431/mo in cash flow. Total monthly income is $1,994/mo, and annual cash flow is $5,171/yr on $70,941 invested. Return on cash invested sits at 27.2% in year one, and rental yield is 11.18% on a $214,000 entry. Equity gained on principal adds $1,381/yr, while 5% annual appreciation builds toward $59,124 over five years. Five-year ROI reaches 143.39% and total cumulative return in cash sums $101,723. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,994/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.29 Acres 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 |
|---|---|---|
| 2024-11-26 | Price change | $214,000 |
| 2024-11-19 | Listed for sale | $219,000 |
| 2024-11-13 | Contingent | $219,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $182,122 | N/A |
| 2023-12-27 | $4052.70 | 13.82% | $182,122 | 28.00% |
| 2022-12-27 | $3560.73 | -4.08% | $142,280 | N/A |



Listed by: Tyler Hamilton • Texas Real Estate Professionals
Mls Name: NTREIS
Mls ID: #20703265
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.