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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 Stephenville at 2008 W Mimosa Ln, Stephenville, TX, 76401 offers $2,887/mo rent that, after a $1,958/mo payment, leaves $42/mo cash flow. Total monthly income is $2,887/mo, and annual cash flow is $508/yr on $132,600 cash. Return on cash invested measures 20.29% in year one, and rental yield stands at 8.66% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 106.13% and total cumulative return in cash reaches $140,728. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,887/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
10,585 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
Date | Event | Price |
|---|---|---|
| 2024-11-04 | Price change | $400,000 |
| 2024-09-05 | Price change | $420,000 |
| 2024-08-10 | Price change | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-21 | N/A | N/A | $442,620 | 12.04% |
| 2023-11-21 | $2294.08 | -40.28% | $395,070 | 16.62% |
| 2022-11-21 | $3841.49 | -0.18% | $338,770 | 23.21% |
Listed by: Joyce Holland • HOLLAND HOME & LAND REALTY
Mls Name: NTREIS
Mls ID: #20647113
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.
