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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 1400 Oleander Dr, Tolar, TX, 76476 priced at $339,888 converts $2,640/mo rent into $223/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $2,671/yr on $112,673 invested. Return on cash invested prints 22.28% in year one, and rental yield reads 9.32% against a $339,888 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,905 by year five. Five-year ROI reaches 116.77% and total cumulative return in cash sums $131,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,105 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 |
|---|---|---|
| 2024-08-22 | Listed for sale | $339,888 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amanda Ryan • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20707328
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.
