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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 120 Derrett Ln, Rhome, TX, 76078 generates $2,826/mo in rent, after a $3,181/mo payment. Total monthly income is $2,826/mo. Return on cash invested sits at 9.48% in year one, and rental yield is 5.22% on a $649,990 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,580 over five years. Five-year ROI reaches 48.29% and total cumulative return in cash sums $103,259. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,826/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
10,410 sqft lot
$N/A/sqft
$1,080 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 |
|---|---|---|
| 2024-07-08 | Price change | $649,990 |
| 2024-05-28 | Pending sale | $674,990 |
| 2024-04-02 | Price change | $674,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Eric Stanley • American Legend Homes
Mls Name: NTREIS
Mls ID: #20490615
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.
