








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 1709 Riverway Dr, Cleburne, TX, 76033 offers a 9.36% rental yield on a $349,000 purchase with $2,722/mo rent. Total monthly income registers $2,722/mo, and a $1,708/mo payment leaves $240/mo available for distribution. Annual cash flow reaches $2,885/yr on $115,694 to close, and return on cash invested stands at 22.4% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 117.44% and total cumulative return in cash at $135,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,722/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.25 Acres 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 |
|---|---|---|
| 2025-04-28 | Listed for sale | $349,000 |
| 2012-09-12 | Sold | N/A |
| 2010-09-10 | Listing removed | $24,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | N/A | N/A | $320,036 | 10.00% |
| 2023-04-29 | $5055.75 | -13.82% | $290,942 | 10.00% |
| 2022-04-29 | $5866.29 | 2.55% | $264,493 | 10.00% |



Listed by: Casey Madison • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20918320
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.