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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% |
Investment property for sale in Cleburne at 1207 S Ridgeway Dr, Cleburne, TX, 76033 offers a 15.08% rental yield on a $199,000 purchase with $2,500/mo rent. Total monthly income registers $2,500/mo, and a $974/mo payment leaves $1,085/mo available for distribution. Annual cash flow reaches $13,019/yr on $65,969 to close, and return on cash invested stands at 39.64% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 209.89% and total cumulative return in cash at $138,462. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,500/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,086 (58.5%) |
| Renter Occupied HU | 4,001 (33.0%) |
| Vacant Housing Units | 1,028 ( 8.5%) |
| Median Home Value | $259,771 |
| Average Home Value | $310,697 |
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $187,058 | 10.00% |
| 2023-12-27 | $979.74 | -24.83% | $170,053 | 10.00% |
| 2022-12-27 | $1303.28 | N/A | $154,594 | 10.00% |
Listed by: Hope Kirkpatrick • Webb Kirkpatrick Real Estate, Inc
Mls Name: NTREIS
Mls ID: #20792148
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.
