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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 Haslet at 1804 Otwell Dr, Haslet, TX, 76052 priced at $537,000 converts $3,900/mo rent into $23/mo cash flow after a $2,628/mo obligation. Total monthly income equals $3,900/mo, and annual cash flow totals $280/yr on $176,673 invested. Return on cash invested prints 20.22% in year one, and rental yield reads 8.72% against a $537,000 entry. Equity gained on principal adds $3,465/yr, while 5% annual appreciation compiles into $148,363 by year five. Five-year ROI reaches 105.84% and total cumulative return in cash sums $186,992. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,900/mo property income covering a $2,628/mo payment, not borrower’s personal income.
Single Family
Built in 2019
7,840 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood data shown for ZIP Code: 76052, Haslet, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,869 (100%) |
| Owner Occupied HU | 12,259 (82.4%) |
| Renter Occupied HU | 2,138 (14.4%) |
| Vacant Housing Units | 472 ( 3.2%) |
| Median Home Value | $441,156 |
| Average Home Value | $497,392 |
Residential
13,607
Single Family
13,101
Multi-Family
506
Businesses
605
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Listed for sale | $537,000 |
| 2023-08-27 | Listing removed | N/A |
| 2023-08-01 | Listed for sale | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4754.91 | N/A | $503,082 | -9.96% |
| 2023-02-12 | N/A | N/A | $558,760 | 28.39% |
| 2022-02-12 | $4894.77 | 8.03% | $435,219 | 12.34% |
Listed by: Jordan Burks • Post Oak Realty
Mls Name: NTREIS
Mls ID: #20822741
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.
