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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 Crowley at 1300 Elk Ridge Dr, Crowley, TX, 76036 offers $2,460/mo rent that, after a $1,811/mo payment. Total monthly income is $2,460/mo. Return on cash invested measures 15.75% in year one, and rental yield stands at 7.98% at a $370,000 entry. Equity gained on principal adds $2,388/yr while 5% annual appreciation compounds into $102,224 by year five. Five-year ROI records 82.68% and total cumulative return in cash reaches $101,417. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,460/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
10,585 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 76036, Crowley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,161 (100%) |
| Owner Occupied HU | 11,502 (75.9%) |
| Renter Occupied HU | 3,242 (21.4%) |
| Vacant Housing Units | 417 ( 2.8%) |
| Median Home Value | $345,283 |
| Average Home Value | $389,819 |
Residential
14,610
Single Family
13,553
Multi-Family
1,057
Businesses
581
Date | Event | Price |
|---|---|---|
| 2024-11-02 | Listed for sale | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $8689.44 | 603.25% | $370,429 | 605.58% |
| 2023-02-12 | $1235.62 | -11.74% | $52,500 | N/A |
| 2022-02-12 | $1400.02 | N/A | $52,500 | N/A |
Listed by: Sascha Chatman • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20768535
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.
