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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 Red Oak at 116 Parks Branch Rd, Red Oak, TX, 75154 priced at $332,900 converts $2,652/mo rent into $285/mo cash flow after a $1,629/mo obligation. Total monthly income equals $2,652/mo, and annual cash flow totals $3,421/yr on $110,356 invested. Return on cash invested prints 23.01% in year one, and rental yield reads 9.56% against a $332,900 entry. Equity gained on principal adds $2,148/yr, while 5% annual appreciation compiles into $91,974 by year five. Five-year ROI reaches 120.71% and total cumulative return in cash sums $133,209. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,652/mo property income covering a $1,629/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listed for sale | $332,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $266,240 | 10.00% |
| 2023-02-13 | $3902.46 | -32.35% | $242,036 | -4.16% |
| 2022-02-13 | $5768.64 | N/A | $252,531 | 26.25% |
Listed by: Jennifer Lewis • Ready Real Estate
Mls Name: NTREIS
Mls ID: #20833228
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.
