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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 Purdon at 15545 W State Highway 31, Purdon, TX, 76679 offers a 9.24% rental yield on a $110,000 purchase with $847/mo rent. Total monthly income registers $847/mo, and a $538/mo payment leaves $65/mo available for distribution. Annual cash flow reaches $782/yr on $36,465 to close, and return on cash invested stands at 22.05% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 115.67% and total cumulative return in cash at $42,180. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $847/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76679, Purdon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 503 (65.4%) |
| Renter Occupied HU | 147 (19.1%) |
| Vacant Housing Units | 119 (15.5%) |
| Median Home Value | $212,234 |
| Average Home Value | $286,610 |
Residential
638
Single Family
638
Multi-Family
0
Businesses
21
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $1812.13 | 7.55% | $141,850 | 7.08% |
| 2023-12-27 | $1684.96 | N/A | $132,470 | 55.66% |
| 2022-12-27 | N/A | N/A | $85,100 | 21.36% |
Listed by: Lester Mitchell • SUMMIT, REALTORS
Mls Name: NTREIS
Mls ID: #20745740
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.
