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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 15609 W State Highway 31, Purdon, TX, 76679 uses $69,615 cash to close to unlock $3,798/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $1,810/mo, and a $1,028/mo payment keeps the spread at $317/mo. Purchase price stands at $210,000, and rental yield measures 10.34% with $1,810/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 133.34% and total cumulative return in cash records $92,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,810/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Manufactured
Built in 2015
0.47 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $1469.88 | 0.43% | $115,060 | N/A |
| 2023-04-01 | $1463.52 | N/A | $115,060 | 46.85% |
| 2022-04-01 | N/A | N/A | $78,350 | 25.26% |
Listed by: Nathan Karr • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20888609
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.
