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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% |
Total monthly income runs $1,880/mo, and a $2,447/mo payment. Purchase price stands at $500,000, and rental yield measures 4.51% with $1,880/mo rent. Return on cash invested shows 6.69% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 33.58% and total cumulative return in cash records $55,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,880/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2019
2.44 Acres lot
$N/A/sqft
$1,800 annually HOA
Neighborhood data shown for ZIP Code: 76665, Meridian, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 735 (60.8%) |
| Renter Occupied HU | 262 (21.7%) |
| Vacant Housing Units | 211 (17.5%) |
| Median Home Value | $184,028 |
| Average Home Value | $338,017 |
Residential
847
Single Family
847
Multi-Family
0
Businesses
156
Date | Event | Price |
|---|---|---|
| 2024-12-10 | Listed for sale | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Britt Jones • Helen Painter Group, REALTORS
Mls Name: NTREIS
Mls ID: #20793260
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.
