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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 Cleburne at 1518 Morningside Dr, Cleburne, TX, 76033 uses $82,046 cash to close to unlock $8,920/yr annual cash flow and $743/mo monthly cash flow. Total monthly income runs $2,503/mo, and a $1,211/mo payment keeps the spread at $743/mo. Purchase price stands at $247,500, and rental yield measures 12.14% with $2,503/mo rent. Return on cash invested shows 30.78% in year one, and 5% annual appreciation builds toward $68,380 over five years. Five-year ROI reaches 162.38% and total cumulative return in cash records $133,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,503/mo property income covering a $1,211/mo payment rather than investor’s personal income.
Single Family
Built in 1987
9,496 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 |
|---|---|---|
| 2024-08-05 | Listed for sale | $247,500 |
| 2020-02-18 | Sold | N/A |
| 2020-01-13 | Pending sale | $154,888 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $1913.20 | -37.32% | $182,338 | 10.00% |
| 2022-08-13 | $3052.54 | -13.24% | $165,762 | -0.66% |
| 2021-08-13 | $3518.24 | -11.76% | $166,870 | 15.98% |
Listed by: Mark Claver • Claver Realty LLC
Mls Name: NTREIS
Mls ID: #20693785
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.
