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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 Palacios at 1504 Renee St, Palacios, TX, 77465 offers a 11.55% rental yield on a $207,500 purchase with $1,997/mo rent. Total monthly income registers $1,997/mo, and a $1,016/mo payment leaves $359/mo available for distribution. Annual cash flow reaches $4,308/yr on $68,786 to close, and return on cash invested stands at 26.17% in year one. Equity gained on principal adds $1,339/yr while 5% annual appreciation supports $57,328 over five years. Portfolio math shows five-year ROI at 138.74% and total cumulative return in cash at $95,435. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,997/mo property income against a $1,016/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77465, Palacios, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 2,318 (55.5%) |
| Renter Occupied HU | 692 (16.6%) |
| Vacant Housing Units | 1,167 (27.9%) |
| Median Home Value | $223,515 |
| Average Home Value | $225,985 |
Residential
3,080
Single Family
3,018
Multi-Family
62
Businesses
254
Date | Event | Price |
|---|---|---|
| 2025-02-25 | Sold | N/A |
| 2021-11-29 | Listing removed | N/A |
| 2021-09-20 | Pending sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | N/A | N/A | $236,530 | 1.12% |
| 2023-03-26 | $5388.04 | -10.87% | $233,910 | 6.81% |
| 2022-03-26 | $6045.39 | 61.95% | $218,990 | 25.59% |
Listed by: Caryn Beard • Caryn Beard Properties
Mls Name: HAR
Mls Provider:
Mls ID: #4793919
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