








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 119 Sperry Ln, Red Oak, TX, 75154 offers $2,236/mo rent that, after a $1,297/mo payment, leaves $352/mo cash flow. Total monthly income is $2,236/mo, and annual cash flow is $4,219/yr on $87,848 cash. Return on cash invested measures 24.71% in year one, and rental yield stands at 10.13% 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 129.82% and total cumulative return in cash reaches $114,039. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,236/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 1975
10,193 sqft 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 |
|---|---|---|
| 2025-05-19 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-19 | $784.92 | N/A | $106,493 | 10.00% |
| 2023-05-19 | $784.92 | -46.91% | $96,812 | 10.00% |
| 2022-05-19 | $1478.59 | N/A | $88,011 | 10.00% |



Listed by: Chelsie Andrews • Inderman + Leija
Mls Name: NTREIS
Mls ID: #20936603
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.