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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 Blooming Grove at 104 Castle Cir, Blooming Grove, TX, 76626 offers $2,238/mo rent that, after a $710/mo payment, leaves $1,207/mo cash flow. Total monthly income is $2,238/mo, and annual cash flow is $14,479/yr on $48,068 cash. Return on cash invested measures 50.03% in year one, and rental yield stands at 18.52% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 265.59% and total cumulative return in cash reaches $127,664. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,238/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
10,585 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76626, Blooming Grove, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 717 (100%) |
| Owner Occupied HU | 501 (69.9%) |
| Renter Occupied HU | 118 (16.5%) |
| Vacant Housing Units | 98 (13.7%) |
| Median Home Value | $200,385 |
| Average Home Value | $227,949 |
Residential
556
Single Family
555
Multi-Family
1
Businesses
40
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Listed for sale | $145,000 |
| 2024-07-23 | Pending sale | $145,000 |
| 2024-07-18 | Contingent | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $2080.41 | N/A | $131,900 | 30.30% |
| 2022-08-16 | N/A | N/A | $101,230 | 37.67% |
| 2021-08-16 | N/A | N/A | $73,530 | N/A |
Listed by: Mike Mazyck • MISSION MINDED REALTY
Mls Name: NTREIS
Mls ID: #20674854
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.
