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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 Cleburne at 1412 Wedgewood Dr, Cleburne, TX, 76033 listed at $550,000 pairs $2,983/mo rent with a $2,692/mo payment. Total monthly income runs $2,983/mo. Return on cash invested measures 13.62% in year one, and rental yield registers 6.51% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 70.43% and total cumulative return in cash totals $127,438. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,983/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,086 (58.5%) |
| Renter Occupied HU | 4,001 (33.0%) |
| Vacant Housing Units | 1,028 ( 8.5%) |
| Median Home Value | $259,771 |
| Average Home Value | $310,697 |
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Price change | $550,000 |
| 2025-01-13 | Price change | $574,980 |
| 2024-12-16 | Price change | $574,985 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $433,335 | N/A |
| 2023-02-12 | $9642.85 | 19.34% | $433,335 | 21.97% |
| 2022-02-12 | $8080.48 | 3.37% | $355,291 | 10.00% |
Listed by: Tammy Melendez • The Melendez Real Estate Group
Mls Name: NTREIS
Mls ID: #20742609
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.
