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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 121 Attwater Rd, Rhome, TX, 76078 generates $3,814/mo in rent and, after a $1,698/mo payment, leaves $1,267/mo in cash flow. Total monthly income is $3,814/mo, and annual cash flow is $15,202/yr on $115,027 invested. Return on cash invested sits at 33.13% in year one, and rental yield is 13.19% on a $346,990 entry. Equity gained on principal adds $2,239/yr, while 5% annual appreciation builds toward $95,867 over five years. Five-year ROI reaches 175.23% and total cumulative return in cash sums $201,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,814/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
5,998 sqft lot
$N/A/sqft
$960 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 |
|---|---|---|
| 2024-08-02 | Price change | $346,990 |
| 2024-07-19 | Price change | $347,035 |
| 2024-07-12 | Price change | $355,035 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $567.53 | N/A | $43,740 | N/A |
Listed by: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20546159
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.
