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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 Hillsboro at 121 Falcon Ln, Hillsboro, TX, 76645 offers $2,429/mo rent that, after a $1,757/mo payment. Total monthly income is $2,429/mo. Return on cash invested measures 18.66% in year one, and rental yield stands at 8.12% at a $359,000 entry. Equity gained on principal adds $2,317/yr while 5% annual appreciation compounds into $99,185 by year five. Five-year ROI records 97.38% and total cumulative return in cash reaches $115,891. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,429/mo property income versus a $1,757/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76645, Hillsboro, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,873 (58.4%) |
| Renter Occupied HU | 1,461 (29.7%) |
| Vacant Housing Units | 583 (11.9%) |
| Median Home Value | $200,509 |
| Average Home Value | $251,751 |
Residential
4,447
Single Family
3,965
Multi-Family
482
Businesses
599
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rebecca Anderson • Monument Realty
Mls Name: NTREIS
Mls ID: #21043937
