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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 Aledo at 1212 Merry Dr, Aledo, TX, 76008 with 5% annual appreciation on a $215,000 basis while $4,500/mo rent supports operations. Total monthly income totals $4,500/mo and a $1,052/mo payment preserves $2,971/mo for cash returns. Annual cash flow comes to $35,657/yr on $71,273 deployed, and return on cash invested reaches 69.94% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 25.12%. Five-year ROI measures 372.38% and total cumulative return in cash totals $265,405.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,500/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1996
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Listed for sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2280.09 | 48.32% | $127,310 | 57.99% |
| 2022-08-30 | $1537.29 | -2.16% | $80,580 | N/A |
| 2021-08-30 | $1571.16 | 9.14% | $80,580 | 15.93% |
Listed by: Roxie Davidson • ROXIE DAVIDSON REAL ESTATE
Mls Name: NTREIS
Mls ID: #20704391
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.
