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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% |
Investment property for sale in Tolar at 1311 Oleander Dr, Tolar, TX, 76476 at $339,900 posts ROI 22.28% with $223/mo cash flow from $2,640/mo rent. Total monthly income equals $2,640/mo, and annual cash flow records $2,671/yr on $112,677 to close. Return on cash invested measures 22.28% and rental yield reads 9.32% at the current $339,900. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 by year five. Five-year ROI prints 116.76% and total cumulative return in cash totals $131,567.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76476, Tolar, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 940 (69.4%) |
| Renter Occupied HU | 254 (18.7%) |
| Vacant Housing Units | 161 (11.9%) |
| Median Home Value | $330,435 |
| Average Home Value | $350,457 |
Residential
1,198
Single Family
1,197
Multi-Family
1
Businesses
89
Date | Event | Price |
|---|---|---|
| 2024-08-25 | Listed for sale | $339,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Walter Hardin • Berkshire HathawayHS PenFed TX
Mls Name: NTREIS
Mls ID: #20709654
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.
