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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 Jarrell at 124 Drifter Ln, Jarrell, TX, 76537 priced at $254,900 converts $2,014/mo rent into $201/mo cash flow after a $1,248/mo obligation. Total monthly income equals $2,014/mo, and annual cash flow totals $2,412/yr on $84,499 invested. Return on cash invested prints 22.76% in year one, and rental yield reads 9.48% against a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,424 by year five. Five-year ROI reaches 119.33% and total cumulative return in cash sums $100,836. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,014/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 2021
4,660 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76537, Jarrell, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,016 (100%) |
| Owner Occupied HU | 6,922 (86.4%) |
| Renter Occupied HU | 769 ( 9.6%) |
| Vacant Housing Units | 325 ( 4.1%) |
| Median Home Value | $389,538 |
| Average Home Value | $457,281 |
Residential
7,662
Single Family
7,389
Multi-Family
273
Businesses
333
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: Ron Binkley • RE/MAX Fine Properties
Mls Name: Unlock MLS
Mls ID: #6199174
