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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 Tolar at 1342 Oleander Dr, Tolar, TX, 76476 generates $2,640/mo in rent, after a $1,835/mo payment. Total monthly income is $2,640/mo. Return on cash invested sits at 19.66% in year one, and rental yield is 8.45% on a $374,888 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,575 over five years. Five-year ROI reaches 102.68% and total cumulative return in cash sums $127,612. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.34 Acres 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 |
|---|---|---|
| 2025-05-24 | Listed for sale | $374,888 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-24 | $938.44 | -1.05% | $56,000 | N/A |
| 2023-05-24 | $948.36 | 124.83% | $56,000 | 154.55% |
| 2022-05-24 | $421.81 | N/A | $22,000 | N/A |
Listed by: Becky Gibson • BLVD Group
Mls Name: NTREIS
Mls ID: #20947293
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.
