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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% |
Investment property for sale in Aledo at 1412 Pete Dr, Aledo, TX, 76008 offers a 25.06% rental yield on a $190,000 purchase with $3,968/mo rent. Total monthly income registers $3,968/mo, and a $930/mo payment leaves $2,617/mo available for distribution. Annual cash flow reaches $31,402/yr on $62,985 to close, and return on cash invested stands at 69.77% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 371.4% and total cumulative return in cash at $233,928. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,968/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| 2024-07-30 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $411.05 | -35.41% | $167,130 | 36.48% |
| 2022-08-13 | $636.44 | -31.02% | $122,460 | N/A |
| 2021-08-13 | $922.61 | 7.65% | $122,460 | 18.81% |
Listed by: Venessa Van Winkle • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20689091
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.
