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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 Cherokee at 104 Shawnee Street, Cherokee, TX, 76832 priced at $350,000 converts $1,399/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,399/mo. Return on cash invested prints 8.64% in year one, and rental yield reads 4.8% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 43.64% and total cumulative return in cash sums $50,630. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,399/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1935
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76832, Cherokee, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 163 (55.8%) |
| Renter Occupied HU | 57 (19.5%) |
| Vacant Housing Units | 72 (24.7%) |
| Median Home Value | $212,500 |
| Average Home Value | $389,632 |
Residential
137
Single Family
137
Multi-Family
0
Businesses
11
Date | Event | Price |
|---|---|---|
| 2024-11-06 | Listed for sale | $350,000 |
| 2018-12-19 | Listing removed | N/A |
| 2018-12-12 | Listed for sale | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1109.12 | -1.75% | $122,840 | 15.05% |
| 2023-02-13 | $1128.87 | -3.19% | $106,770 | 2.90% |
| 2022-02-13 | $1166.08 | 10.32% | $103,760 | 22.04% |
Listed by: Stanley Miller • Jesse James Real Estate
Mls Name: HLMLS
Mls Provider:
Mls ID: #170988
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.
