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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 Three Rivers at 2002 Owens Ave, Three Rivers, TX, 78071 priced at $329,900 converts $2,462/mo rent into $116/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,462/mo, and annual cash flow totals $1,389/yr on $109,362 invested. Return on cash invested prints 21.18% in year one, and rental yield reads 8.96% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 110.86% and total cumulative return in cash sums $121,239. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,462/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78071, Three Rivers, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,721 (100%) |
| Owner Occupied HU | 926 (53.8%) |
| Renter Occupied HU | 311 (18.1%) |
| Vacant Housing Units | 484 (28.1%) |
| Median Home Value | $177,174 |
| Average Home Value | $272,341 |
Residential
599
Single Family
591
Multi-Family
8
Businesses
168
Date | Event | Price |
|---|---|---|
| 2025-05-12 | Price change | $329,900 |
| 2025-04-22 | Price change | $339,900 |
| 2025-04-08 | Price change | $344,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Garry Powles • Inspire TX Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1794793
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.
