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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 Cleburne at 1123 Alvarado St, Cleburne, TX, 76031 offers $919/mo rent that, after a $587/mo payment, leaves $66/mo cash flow. Total monthly income is $919/mo, and annual cash flow is $792/yr on $39,780 cash. Return on cash invested measures 21.9% in year one, and rental yield stands at 9.19% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 114.71% and total cumulative return in cash reaches $45,631. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $919/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
Date | Event | Price |
|---|---|---|
| 2025-01-28 | Price change | $120,000 |
| 2025-01-17 | Price change | $125,000 |
| 2025-01-04 | Price change | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $77,896 | 20.00% |
| 2023-02-12 | $1444.49 | -11.08% | $64,913 | N/A |
| 2022-02-12 | $1624.53 | 473.67% | $64,913 | 140.38% |
Listed by: Meagan Vaughan • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20799513
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.
