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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 Burleson at 1205 Nicole Way, Burleson, TX, 76028 priced at $229,900 converts $3,637/mo rent into $2,002/mo cash flow after a $1,125/mo obligation. Total monthly income equals $3,637/mo, and annual cash flow totals $24,029/yr on $76,212 invested. Return on cash invested prints 51.44% in year one, and rental yield reads 18.98% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 273.15% and total cumulative return in cash sums $208,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,637/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1994
7,274 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Price change | $229,900 |
| 2024-07-22 | Price change | $239,900 |
| 2024-06-15 | Price change | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $3301.04 | 22.77% | $275,000 | 34.80% |
| 2022-08-13 | $2688.73 | 10.40% | $204,000 | 12.64% |
| 2021-08-13 | $2435.44 | 11.52% | $181,101 | 13.18% |
Listed by: Rebecca Ringer • The Street Real Estate Company
Mls Name: NTREIS
Mls ID: #20605392
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.
