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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 Aledo at 157 Lantern Ridge Dr, Aledo, TX, 76008 offers $4,500/mo rent that, after a $3,353/mo payment. Total monthly income is $4,500/mo. Return on cash invested measures 16.88% in year one, and rental yield stands at 7.88% at a $684,990 entry. Equity gained on principal adds $4,420/yr while 5% annual appreciation compounds into $189,250 by year five. Five-year ROI records 88.25% and total cumulative return in cash reaches $198,883. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,500/mo property income versus a $3,353/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,187 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| 2025-02-10 | Price change | $684,990 |
| 2024-10-11 | Listed for sale | $689,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20752189
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.
