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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 Rhome at 116 Evanston Ct, Rhome, TX, 76078 priced at $725,000 converts $2,826/mo rent into after a $3,549/mo obligation. Total monthly income equals $2,826/mo. Return on cash invested prints 8.04% in year one, and rental yield reads 4.68% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 40.51% and total cumulative return in cash sums $96,629. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,826/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.53 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood data shown for ZIP Code: 76078, Rhome, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,203 (100%) |
| Owner Occupied HU | 3,527 (83.9%) |
| Renter Occupied HU | 495 (11.8%) |
| Vacant Housing Units | 181 ( 4.3%) |
| Median Home Value | $377,331 |
| Average Home Value | $441,454 |
Residential
4,000
Single Family
4,000
Multi-Family
0
Businesses
245
Date | Event | Price |
|---|---|---|
| 2025-08-05 | Listed for sale | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mey-Ling Pauri • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #21105358
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.
