Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 114 Drovers Dr, Cleburne, TX, 76031 generates $2,400/mo in rent and, after a $1,576/mo payment, leaves $70/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $843/yr on $106,740 invested. Return on cash invested sits at 20.7% in year one, and rental yield is 8.94% on a $321,990 entry. Equity gained on principal adds $2,078/yr, while 5% annual appreciation builds toward $88,960 over five years. Five-year ROI reaches 108.48% and total cumulative return in cash sums $115,792. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
7,579 sqft lot
$N/A/sqft
$480 annually 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 |
|---|---|---|
| 2024-10-10 | Listing removed | $321,990 |
| 2024-10-04 | Price change | $321,990 |
| 2024-09-21 | Listed for sale | $319,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | N/A | N/A | $52,000 | N/A |
Listed by: Ben Caballero • Historymaker Homes
Mls Name: NTREIS
Mls ID: #20736172
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.
