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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 Itasca at 111 W Spurgeon St, Itasca, TX, 76055 generates $1,481/mo in rent, after a $1,043/mo payment. Total monthly income is $1,481/mo. Return on cash invested sits at 19.32% in year one, and rental yield is 8.34% on a $213,120 entry. Equity gained on principal adds $1,375/yr, while 5% annual appreciation builds toward $58,881 over five years. Five-year ROI reaches 100.93% and total cumulative return in cash sums $71,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,481/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
10,367 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 809 (65.8%) |
| Renter Occupied HU | 250 (20.3%) |
| Vacant Housing Units | 171 (13.9%) |
| Median Home Value | $197,877 |
| Average Home Value | $264,509 |
Residential
1,166
Single Family
1,166
Multi-Family
0
Businesses
67
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: Jessica Sigler • Tero Real Estate
Mls Name: NTREIS
Mls ID: #21039210
