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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 Harper at 140 Lower Reservation Rd, Harper, TX, 78631 offers $3,000/mo rent that, after a $1,713/mo payment, leaves $511/mo cash flow. Total monthly income is $3,000/mo, and annual cash flow is $6,137/yr on $115,992 cash. Return on cash invested measures 25.2% in year one, and rental yield stands at 10.29% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 132.45% and total cumulative return in cash reaches $153,630. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
15.04 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78631, Harper, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,332 (100%) |
| Owner Occupied HU | 903 (67.8%) |
| Renter Occupied HU | 172 (12.9%) |
| Vacant Housing Units | 257 (19.3%) |
| Median Home Value | $513,281 |
| Average Home Value | $716,938 |
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
80
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lisa Mcgehee • Fore Premier Properties
Mls Name: KVMLS
Mls ID: #115808
Disclaimer: Copyright Kerrville Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
