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 Rhome at 118 Clearwater Ct, Rhome, TX, 76078 generates $3,409/mo in rent, after a $2,619/mo payment. Total monthly income is $3,409/mo. Return on cash invested sits at 17.08% in year one, and rental yield is 7.65% on a $534,999 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,810 over five years. Five-year ROI reaches 88.96% and total cumulative return in cash sums $156,580. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,409/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.76 Acres lot
$N/A/sqft
$500 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 |
|---|---|---|
| 2024-12-06 | Listed for sale | $534,999 |
| 2023-11-21 | Listing removed | N/A |
| 2023-08-28 | Pending sale | $522,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $499,400 | 762.12% |
| 2023-12-27 | $756.07 | N/A | $57,927 | 566.06% |
| 2022-12-27 | N/A | N/A | $8,697 | N/A |
Listed by: Matt Martin • Martin - Beazley Realtors
Mls Name: NTREIS
Mls ID: #20792070
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.
