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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 Godley at 202 Harp Ave, Godley, TX, 76044 with 5% annual appreciation on a $389,000 basis while $3,028/mo rent supports operations. Total monthly income totals $3,028/mo and a $1,904/mo payment preserves $81/mo for cash returns. Annual cash flow comes to $970/yr on $128,954 deployed, and return on cash invested reaches 20.66% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 9.34%. Five-year ROI measures 108.7% and total cumulative return in cash totals $140,166.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,028/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
8,624 sqft lot
$N/A/sqft
$175 annually HOA
Neighborhood data shown for ZIP Code: 76044, Godley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,579 (100%) |
| Owner Occupied HU | 2,998 (83.8%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 239 ( 6.7%) |
| Median Home Value | $424,069 |
| Average Home Value | $550,357 |
Residential
3,397
Single Family
3,397
Multi-Family
0
Businesses
190
Date | Event | Price |
|---|---|---|
| 2025-05-12 | Listed for sale | $389,000 |
| 2023-08-31 | Sold | N/A |
| 2023-08-08 | Pending sale | $359,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-12 | N/A | N/A | $373,017 | N/A |
| 2023-05-12 | $8452.16 | 8.72% | $373,017 | 16.49% |
| 2022-05-12 | $7774.29 | 26.43% | $320,202 | 21.67% |
Listed by: Jana Wilson • Texas Real Estate Professionals
Mls Name: NTREIS
Mls ID: #20928033
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.
