1324 Oleander DrTolarTX76476
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Tolar at 1324 Oleander Dr, Tolar, TX, 76476 generates $1,429/mo in rent, after a $1,713/mo payment. Total monthly income is $1,429/mo. Return on cash invested sits at 8.95% in year one, and rental yield is 4.9% on a $349,888 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,668 over five years. Five-year ROI reaches 45.29% and total cumulative return in cash sums $52,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,429/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76476, Tolar, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,198
Single Family
1,197
Multi-Family
1
Businesses
89
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