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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 Ennis at 1302 Red Oak St, Ennis, TX, 75119 offers $2,641/mo rent that, after a $1,370/mo payment, leaves $651/mo cash flow. Total monthly income is $2,641/mo, and annual cash flow is $7,807/yr on $92,787 cash. Return on cash invested measures 28.32% in year one, and rental yield stands at 11.32% at a $279,900 entry. Equity gained on principal adds $1,806/yr while 5% annual appreciation compounds into $77,331 by year five. Five-year ROI records 149.18% and total cumulative return in cash reaches $138,421. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,641/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
9,626 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $4218.19 | 239.87% | $195,904 | 2.39% |
| 2023-04-24 | $1241.12 | -26.94% | $191,329 | 10.00% |
| 2022-04-24 | $1698.79 | N/A | $173,935 | 10.00% |
Listed by: Juah Davis • The Hughes Group Real Estate
Mls Name: NTREIS
Mls ID: #20905331
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.
