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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 1653 Rolling Heights Ln, Aledo, TX, 76008 priced at $599,990 converts $4,500/mo rent into $14/mo cash flow after a $2,937/mo obligation. Total monthly income equals $4,500/mo, and annual cash flow totals $168/yr on $197,397 invested. Return on cash invested prints 20.15% in year one, and rental yield reads 9% against a $599,990 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,766 by year five. Five-year ROI reaches 105.81% and total cumulative return in cash sums $208,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,500/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 2023
8,864 sqft lot
$N/A/sqft
$219 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 |
|---|---|---|
| 2024-11-15 | Price change | $599,990 |
| 2024-09-07 | Price change | $653,990 |
| 2024-08-30 | Listed for sale | $653,951 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $959.88 | -11.26% | $56,700 | N/A |
| 2022-11-20 | $1081.71 | -2.16% | $56,700 | N/A |
| 2021-11-20 | $1105.54 | -5.86% | $56,700 | N/A |
Listed by: John Santasiero • Riverway Properties
Mls Name: NTREIS
Mls ID: #20717287
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.
