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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 Louise at 1212 W North St, Louise, TX, 77455 priced at $425,000 converts $2,845/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,845/mo. Return on cash invested prints 18.4% in year one, and rental yield reads 8.03% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 95.96% and total cumulative return in cash sums $135,197. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,845/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 2004
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77455, Louise, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 804 (100%) |
| Owner Occupied HU | 588 (73.1%) |
| Renter Occupied HU | 129 (16.0%) |
| Vacant Housing Units | 87 (10.8%) |
| Median Home Value | $235,870 |
| Average Home Value | $362,262 |
Residential
418
Single Family
418
Multi-Family
0
Businesses
48
Date | Event | Price |
|---|---|---|
| 2025-04-28 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-28 | $4248.19 | 8.71% | $448,885 | 7.95% |
| 2023-04-28 | $3907.95 | -18.48% | $415,820 | 10.00% |
| 2022-04-28 | $4793.66 | 5.56% | $378,018 | 10.00% |
Listed by: Kacy Bain • RE/MAX Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #43476980
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