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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 Hillsboro at 118 Mockingbird Ln, Hillsboro, TX, 76645 offers $2,065/mo rent that, after a $1,297/mo payment, leaves $181/mo cash flow. Total monthly income is $2,065/mo, and annual cash flow is $2,167/yr on $87,848 cash. Return on cash invested measures 22.38% in year one, and rental yield stands at 9.35% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 117.3% and total cumulative return in cash reaches $103,047. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,065/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
9,104 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76645, Hillsboro, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,873 (58.4%) |
| Renter Occupied HU | 1,461 (29.7%) |
| Vacant Housing Units | 583 (11.9%) |
| Median Home Value | $200,509 |
| Average Home Value | $251,751 |
Residential
4,447
Single Family
3,965
Multi-Family
482
Businesses
599
Date | Event | Price |
|---|---|---|
| 2025-05-14 | Listed for sale | $265,000 |
| 2021-03-24 | Listing removed | N/A |
| 2015-06-09 | Listing removed | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-14 | $772.35 | 6.41% | $159,600 | 12.33% |
| 2023-05-14 | $725.84 | 8.67% | $142,080 | 14.80% |
| 2022-05-14 | $667.94 | 15.77% | $123,760 | 24.46% |
Listed by: Viridiana Caballero • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20921197
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.
