








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 Cleburne at 1422 Phillips St, Cleburne, TX, 76033 priced at $274,900 converts $2,392/mo rent into $438/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,392/mo, and annual cash flow totals $5,252/yr on $91,129 invested. Return on cash invested prints 25.67% in year one, and rental yield reads 10.44% against a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation compiles into $75,950 by year five. Five-year ROI reaches 134.96% and total cumulative return in cash sums $122,991. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,392/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1969
7,187 sqft 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 |
|---|---|---|
| 2025-02-06 | Price change | $274,900 |
| 2024-11-08 | Price change | $279,900 |
| 2024-08-01 | Listed for sale | $342,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $230,302 | 10.00% |
| 2023-02-12 | N/A | N/A | $209,365 | 10.00% |
| 2022-02-12 | N/A | N/A | $190,332 | 10.00% |



Listed by: Wendy Laborde • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20771842
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.