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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% |
Investment property for sale in Cresson at 2017 Paramount Dr, Cresson, TX, 76035 earns $3,262/mo cash flow from $7,080/mo rent with a $2,628/mo payment. Total monthly income totals $7,080/mo, and annual cash flow totals $39,140/yr on $176,673 capital. ROI tracks 42.21% on current figures, and rental yield reads 15.82% at a $537,000 purchase. Equity gained on principal adds $3,465/yr, and 5% annual appreciation supports $148,363 over five years. Five-year ROI reaches 223.64% and total cumulative return in cash sums $395,108. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,080/mo property income instead of your personal income.
Single Family
Built in 2022
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76035, Cresson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,204 (100%) |
| Owner Occupied HU | 812 (67.4%) |
| Renter Occupied HU | 266 (22.1%) |
| Vacant Housing Units | 126 (10.5%) |
| Median Home Value | $460,902 |
| Average Home Value | $528,048 |
Residential
1,006
Single Family
1,005
Multi-Family
1
Businesses
150
Date | Event | Price |
|---|---|---|
| 2024-07-22 | Listed for sale | $537,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Pam Knieper • Knieper Realty, Inc.
Mls Name: NTREIS
Mls ID: #20681737
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.
