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% |
Investment property for sale in Red Oak at 104 Melody Way, Red Oak, TX, 75154 at $399,999 posts ROI 21.65% with $192/mo cash flow from $3,089/mo rent. Total monthly income equals $3,089/mo, and annual cash flow records $2,307/yr on $132,600 to close. Return on cash invested measures 21.65% and rental yield reads 9.27% at the current $399,999. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,512 by year five. Five-year ROI prints 113.58% and total cumulative return in cash totals $150,603.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,089/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
5,924 sqft lot
$N/A/sqft
$625 annually HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| 2025-01-28 | Price change | $399,999 |
| 2025-01-15 | Listed for sale | $410,000 |
| 2024-12-04 | Listing removed | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sonja Craver • 1st Class Real Estate Services
Mls Name: NTREIS
Mls ID: #20594289
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.
