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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 1605 Morningside Dr, Cleburne, TX, 76033 uses $79,229 cash to close to unlock $5,835/yr annual cash flow and $486/mo monthly cash flow. Total monthly income runs $2,186/mo, and a $1,170/mo payment keeps the spread at $486/mo. Purchase price stands at $239,000, and rental yield measures 10.98% with $2,186/mo rent. Return on cash invested shows 27.27% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 143.6% and total cumulative return in cash records $113,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,186/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1980
9,452 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 |
|---|---|---|
| 2024-12-13 | Price change | $239,000 |
| 2024-11-14 | Price change | $244,000 |
| 2024-10-16 | Price change | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $205,680 | 10.00% |
| 2023-12-27 | $2814.81 | -20.97% | $186,982 | 10.00% |
| 2022-12-27 | $3561.64 | 0.66% | $169,984 | 10.00% |
Listed by: Hope Kirkpatrick • Webb Kirkpatrick Real Estate, Inc
Mls Name: NTREIS
Mls ID: #20728788
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.
