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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 11814 Gammon Ave, Rhome, TX, 76078 priced at $308,999 converts $2,826/mo rent into $586/mo cash flow after a $1,512/mo obligation. Total monthly income equals $2,826/mo, and annual cash flow totals $7,029/yr on $102,433 invested. Return on cash invested prints 26.77% in year one, and rental yield reads 10.97% against a $308,999 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation compiles into $85,371 by year five. Five-year ROI reaches 141.03% and total cumulative return in cash sums $144,461. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,826/mo property income covering a $1,512/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,445 sqft lot
$N/A/sqft
$130 quarterly 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 |
|---|---|---|
| 2024-08-29 | Listed for sale | $308,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20716310
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.
