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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 Red Oak at 1108 Lariat Cir, Red Oak, TX, 75154 priced at $514,900 pairs $4,441/mo rent with $780/mo cash flow after a $2,520/mo payment. Total monthly income equals $4,441/mo, and annual cash flow comes to $9,356/yr on $169,402 invested. Return on cash invested is 25.58% in year one, and rental yield stands at 10.35% on a $514,900 basis. Equity gained on principal adds $3,323/yr, and 5% annual appreciation accumulates to $142,257 by year five. Five-year ROI measures 134.45% and total cumulative return in cash reaches $227,766. For financing, Ziffy Mortgage’s DSCR program evaluates $4,441/mo property income against a $2,520/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
2.06 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-08-08 | Price change | $514,900 |
| 2024-07-19 | Price change | $524,900 |
| 2024-07-05 | Listed for sale | $549,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $3207.02 | -16.98% | $243,125 | 10.00% |
| 2022-08-14 | $3862.96 | N/A | $221,023 | 10.00% |
| 2021-08-14 | N/A | N/A | $200,930 | 0.76% |
Listed by: Dot Chance • CENTURY 21 Judge Fite Company
Mls Name: NTREIS
Mls ID: #20665558
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.
