Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Cleburne at 1509 S Main St, Cleburne, TX, 76033 listed at $199,000 pairs $2,220/mo rent with a $974/mo payment to leave $805/mo cash flow. Total monthly income runs $2,220/mo, and annual cash flow reaches $9,659/yr on $65,969 cash to close. Return on cash invested measures 34.55% in year one, and rental yield registers 13.39% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 182.57% and total cumulative return in cash totals $120,438. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.87 Acres 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 |
|---|---|---|
| 2024-06-17 | Price change | $199,000 |
| 2024-04-01 | Price change | $218,000 |
| 2024-01-01 | Pending sale | $224,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $1901.84 | -11.08% | $85,466 | N/A |
| 2022-08-13 | $2138.89 | -4.08% | $85,466 | N/A |
| 2021-08-13 | $2229.88 | 23.08% | $85,466 | 30.72% |
Listed by: David Read • F. WAYNE COMPANY
Mls Name: NTREIS
Mls ID: #20374236
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.
