Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Meridian at 1039 N Bosque St, Meridian, TX, 76665 priced at $230,000 converts $2,808/mo rent into $1,172/mo cash flow after a $1,126/mo obligation. Total monthly income equals $2,808/mo, and annual cash flow totals $14,066/yr on $76,245 invested. Return on cash invested prints 38.36% in year one, and rental yield reads 14.65% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 203.02% and total cumulative return in cash sums $154,795. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,808/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76665, Meridian, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 735 (60.8%) |
| Renter Occupied HU | 262 (21.7%) |
| Vacant Housing Units | 211 (17.5%) |
| Median Home Value | $184,028 |
| Average Home Value | $338,017 |
Residential
847
Single Family
847
Multi-Family
0
Businesses
156
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Price change | $230,000 |
| 2024-05-27 | Listed for sale | $249,999 |
| 2019-02-20 | Listing removed | $127,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $3236.87 | 4.50% | $256,708 | 4.84% |
| 2022-08-16 | $3097.57 | -1.20% | $244,858 | 70.99% |
| 2021-08-16 | $3135.25 | -8.16% | $143,201 | -0.08% |
Listed by: Tonya Albrecht • Bosque County Properties, Inc.
Mls Name: NTREIS
Mls ID: #20628483
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.
