Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Roanoke at 137 Palm Ln, Roanoke, TX, 76262 offers $4,223/mo rent that, after a $3,303/mo payment. Total monthly income is $4,223/mo. Return on cash invested measures 16.95% in year one, and rental yield stands at 7.51% at a $674,900 entry. Equity gained on principal adds $4,355/yr while 5% annual appreciation compounds into $186,462 by year five. Five-year ROI records 88.14% and total cumulative return in cash reaches $195,703. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,223/mo property income versus a $3,303/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Listed for sale | $674,900 |
| 2021-09-17 | Sold | N/A |
| 2021-08-30 | Pending sale | $455,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $6783.71 | -15.31% | $517,009 | 7.81% |
| 2022-08-31 | $8009.81 | -14.55% | $479,554 | -2.79% |
| 2021-08-31 | $9374.05 | -2.17% | $493,317 | -0.31% |
Listed by: Georgia Garrett • TDRealty
Mls Name: NTREIS
Mls ID: #20716151
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.
