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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 Euless at 1509 Cedar Ridge Ter, Euless, TX, 76039 priced at $399,000 converts $3,082/mo rent into $245/mo cash flow after a $1,953/mo obligation. Total monthly income equals $3,082/mo, and annual cash flow totals $2,935/yr on $132,269 invested. Return on cash invested prints 22.13% in year one, and rental yield reads 9.27% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 115.97% and total cumulative return in cash sums $153,386. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,082/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1967
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76039, Euless, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,085 (100%) |
| Owner Occupied HU | 6,901 (38.2%) |
| Renter Occupied HU | 10,272 (56.8%) |
| Vacant Housing Units | 912 ( 5.0%) |
| Median Home Value | $402,162 |
| Average Home Value | $461,114 |
Residential
17,724
Single Family
8,530
Multi-Family
9,194
Businesses
737
Date | Event | Price |
|---|---|---|
| 2024-09-07 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $1940.92 | -2.62% | $240,445 | 5.32% |
| 2022-10-22 | $1993.08 | 2.20% | $228,293 | 19.23% |
| 2021-10-22 | $1950.11 | -2.09% | $191,466 | -19.56% |
Listed by: Gilda Rodriguez • JPAR Fort Worth
Mls Name: NTREIS
Mls ID: #20723071
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.
