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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 Bremond at 1106 Martin Luther King St, Bremond, TX, 76629 priced at $130,000 converts $2,202/mo rent into $1,278/mo cash flow after a $636/mo obligation. Total monthly income equals $2,202/mo, and annual cash flow totals $15,334/yr on $43,095 invested. Return on cash invested prints 55.49% in year one, and rental yield reads 20.33% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 294.86% and total cumulative return in cash sums $127,071. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,202/mo property income covering a $636/mo payment, not borrower’s personal income.
Manufactured
Built in 2019
3,659 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76629, Bremond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,090 (100%) |
| Owner Occupied HU | 603 (55.3%) |
| Renter Occupied HU | 215 (19.7%) |
| Vacant Housing Units | 272 (25.0%) |
| Median Home Value | $177,394 |
| Average Home Value | $265,419 |
Residential
819
Single Family
819
Multi-Family
0
Businesses
80
Date | Event | Price |
|---|---|---|
| 2024-03-28 | Listed for sale | $130,000 |
| 2024-03-20 | Listing removed | N/A |
| 2023-11-28 | Price change | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Caitlin Curry • Heritage Real Estate LLC
Mls Name: NTREIS
Mls ID: #20572533
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.
