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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 Newark at 148 Point Rider Rd, Newark, TX, 76071 generates $2,940/mo in rent and, after a $1,689/mo payment, leaves $386/mo in cash flow. Total monthly income is $2,940/mo, and annual cash flow is $4,635/yr on $114,368 invested. Return on cash invested sits at 23.96% in year one, and rental yield is 10.23% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 126.2% and total cumulative return in cash sums $144,328. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,940/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
8,929 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood data shown for ZIP Code: 76071, Newark, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,774 (100%) |
| Owner Occupied HU | 2,305 (83.1%) |
| Renter Occupied HU | 310 (11.2%) |
| Vacant Housing Units | 159 ( 5.7%) |
| Median Home Value | $314,831 |
| Average Home Value | $314,008 |
Residential
1,845
Single Family
1,818
Multi-Family
27
Businesses
108
Date | Event | Price |
|---|---|---|
| 2025-06-05 | Price change | $345,000 |
| 2025-04-24 | Price change | $355,000 |
| 2025-04-02 | Price change | $365,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1311.85 | 3.23% | $416,379 | N/A |
| 2023-07-01 | $1270.79 | N/A | $416,379 | 8.20% |
| 2022-07-01 | N/A | N/A | $384,813 | 28.14% |
Listed by: Cheryl Stasny • Realty Texas, LLC
Mls Name: NTREIS
Mls ID: #20869550
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.
