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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 Poolville at 1061 Carnagie Rd, Poolville, TX, 76487 priced at $549,999 converts $1,650/mo rent into after a $2,692/mo obligation. Total monthly income equals $1,650/mo. Return on cash invested prints 5.06% in year one, and rental yield reads 3.6% against a $549,999 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 24.42% and total cumulative return in cash sums $44,193. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,650/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1985
4.68 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76487, Poolville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,535 (100%) |
| Owner Occupied HU | 1,203 (78.4%) |
| Renter Occupied HU | 218 (14.2%) |
| Vacant Housing Units | 114 ( 7.4%) |
| Median Home Value | $318,299 |
| Average Home Value | $356,766 |
Residential
1,802
Single Family
1,802
Multi-Family
0
Businesses
70
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jasmine Sellers • House Brokerage
Mls Name: NTREIS
Mls ID: #21056168
