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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 Cleburne at 1508 Smooth Stone Dr, Cleburne, TX, 76033 priced at $217,500 pairs $1,823/mo rent with $186/mo cash flow after a $1,065/mo payment. Total monthly income equals $1,823/mo, and annual cash flow comes to $2,236/yr on $72,101 invested. Return on cash invested is 23.01% in year one, and rental yield stands at 10.06% on a $217,500 basis. Equity gained on principal adds $1,403/yr, and 5% annual appreciation accumulates to $60,091 by year five. Five-year ROI measures 121.27% and total cumulative return in cash reaches $87,438. For financing, Ziffy Mortgage’s DSCR program evaluates $1,823/mo property income against a $1,065/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1999
8,015 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 |
|---|---|---|
| 2025-01-02 | Price change | $217,500 |
| 2024-11-19 | Price change | $220,000 |
| 2024-10-28 | Listed for sale | $224,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $210,565 | N/A |
| 2023-02-12 | $4685.62 | 115.54% | $210,565 | 86.21% |
| 2022-02-12 | $2173.91 | -26.32% | $113,077 | N/A |
Listed by: Christy Edwards • Texas Property Brokers, LLC
Mls Name: NTREIS
Mls ID: #20764648
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.
