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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 Iredell at 12307 Highway 6, Iredell, TX, 76649 generates $5,462/mo in rent and, after a $3,671/mo payment, leaves $129/mo in cash flow. Total monthly income is $5,462/mo, and annual cash flow is $1,542/yr on $246,750 invested. Return on cash invested sits at 20.69% in year one, and rental yield is 8.74% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 108.19% and total cumulative return in cash sums $266,970. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,462/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
8.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76649, Iredell, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 264 (56.3%) |
| Renter Occupied HU | 49 (10.4%) |
| Vacant Housing Units | 156 (33.3%) |
| Median Home Value | $188,636 |
| Average Home Value | $222,661 |
Residential
277
Single Family
277
Multi-Family
0
Businesses
34
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: Jennifer Schill • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #21084244
