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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 Burleson at 124 Cliffside Dr S, Burleson, TX, 76028 priced at $475,000 converts $3,012/mo rent into after a $2,325/mo obligation. Total monthly income equals $3,012/mo. Return on cash invested prints 17.12% in year one, and rental yield reads 7.61% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 89.12% and total cumulative return in cash sums $140,323. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,012/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2019-07-30 | Listing removed | $310,000 |
| 2019-06-19 | Price change | $310,000 |
| 2019-05-31 | Price change | $314,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1711.91 | -2.86% | $477,214 | 13.62% |
| 2023-07-01 | $1762.24 | -12.40% | $420,000 | 16.66% |
| 2022-07-01 | $2011.58 | 9.06% | $360,013 | 13.91% |
Listed by: Katie Reames • League Real Estate
Mls Name: NTREIS
Mls ID: #20986621
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.
