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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% |
Investment property for sale in Cleburne at 1115 Sheridan Ln, Cleburne, TX, 76033 offers a 9.41% rental yield on a $240,000 purchase with $1,883/mo rent. Total monthly income registers $1,883/mo, and a $1,175/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,042/yr on $79,560 to close, and return on cash invested stands at 22.48% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 117.91% and total cumulative return in cash at $93,806. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,883/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
10,715 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
| 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 |
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Date | Event | Price |
|---|---|---|
| 2024-11-14 | Price change | $240,000 |
| 2024-10-10 | Listed for sale | $252,000 |
| 2024-05-30 | Listing removed | $252,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $258,320 | 5.70% |
| 2023-12-27 | $4052.40 | -16.18% | $244,396 | 10.00% |
| 2022-12-27 | $4834.42 | 12.93% | $222,178 | 35.42% |
Listed by: Jonathan Cook • Realty Of America, LLC
Mls Name: NTREIS
Mls ID: #20748873
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.
