1040 Monarch DrCleburneTX76033
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Cleburne at 1040 Monarch Dr, Cleburne, TX, 76033 generates $974/mo in rent, after a $612/mo payment. Total monthly income is $974/mo. Return on cash invested sits at -7.32% in year one, and rental yield is 9.35% on a $124,995 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,534 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $974/mo property income rather than buyer’s personal income.
Manufactured
Built in 2025
5,000 sqft lot
$N/A/sqft
$1,025 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
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