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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 Millersview at 18924 Cherokee Rdg, Millersview, TX, 76866 offers $4,469/mo rent that, after a $4,283/mo payment. Total monthly income is $4,469/mo. Return on cash invested measures 12.49% in year one, and rental yield stands at 6.13% at a $875,000 entry. Equity gained on principal adds $5,646/yr while 5% annual appreciation compounds into $241,746 by year five. Five-year ROI records 64.33% and total cumulative return in cash reaches $185,183. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,469/mo property income versus a $4,283/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
9.48 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood data shown for ZIP Code: 76866, Paint Rock, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 426 (100%) |
| Owner Occupied HU | 239 (56.1%) |
| Renter Occupied HU | 40 ( 9.4%) |
| Vacant Housing Units | 147 (34.5%) |
| Median Home Value | $187,500 |
| Average Home Value | $265,178 |
Residential
184
Single Family
184
Multi-Family
0
Businesses
24
Date | Event | Price |
|---|---|---|
| 2025-02-04 | Pending sale | $875,000 |
| 2024-08-12 | Listed for sale | $875,000 |
| 2024-08-02 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $1,197,530 | 29.61% |
| 2022-02-13 | N/A | N/A | $923,960 | 16.04% |
| 2021-02-13 | N/A | N/A | $796,260 | -3.41% |
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: Alan Drennan • Drennan Real Estate Group
Mls Name: PBBR
Mls Provider:
Mls ID: #50070531
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.
