118 Longhorn Bnd, Rhome, TX, 76078 | $263/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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118 Longhorn Bnd, Rhome, TX, 76078 | $263/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Rhome at 118 Longhorn Bnd, Rhome, TX, 76078 priced at $515,000 pairs $3,926/mo rent with $263/mo cash flow after a $2,521/mo payment. Total monthly income equals $3,926/mo, and annual cash flow comes to $3,161/yr on $169,435 invested. Return on cash invested is 21.93% in year one, and rental yield stands at 9.15% on a $515,000 basis. Equity gained on principal adds $3,323/yr, and 5% annual appreciation accumulates to $142,285 by year five. Five-year ROI measures 114.86% and total cumulative return in cash reaches $194,605. For financing, Ziffy Mortgage’s DSCR program evaluates $3,926/mo property income against a $2,521/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2023

7,797 sqft lot

$N/A/sqft

No HOA

More details about the property

Short Sale Opportunity $10,000 Seller Concessions! This beautifully designed single-story offers space, style, and value. Step inside to a bright, open layout with high ceilings, a dedicated home office, and a media room with French doors. The family room features a gas-log fireplace and a wall of windows, flowing seamlessly into the dining area and chefs kitchen. The kitchen boasts granite countertops, abundant cabinetry, a walk-in pantry, five-burner gas cooktop, and a large island with seating. The private primary suite includes dual walk-in closets, dual vanities, a garden tub, and separate glass-enclosed shower. A guest suite and additional bedrooms provide comfort and flexibility. Enjoy a mud room, three-car garage, and covered patio perfect for outdoor living. Located in the Reunion community with pool, clubhouse, playground, parks, and trails. This short sale offers $10,000 in concessionsan exceptional chance to own a nearly new Perry home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76078, Rhome, TX area.

Housing Distribution

Housing Statistics

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