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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 Penelope at 202 W Commerce, Penelope, TX, 76676 listed at $142,500 pairs $2,246/mo rent with a $697/mo payment to leave $1,233/mo cash flow. Total monthly income runs $2,246/mo, and annual cash flow reaches $14,797/yr on $47,239 cash to close. Return on cash invested measures 51.23% in year one, and rental yield registers 18.91% at a $142,500 basis. Equity gained on principal adds $920/yr, and annual property appreciation at 5% supports $39,370 by year five. Five-year ROI tracks 272.12% and total cumulative return in cash totals $128,547. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,246/mo property income relative to a $697/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76676, Penelope, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 300 (100%) |
| Owner Occupied HU | 215 (71.7%) |
| Renter Occupied HU | 50 (16.7%) |
| Vacant Housing Units | 35 (11.7%) |
| Median Home Value | $208,750 |
| Average Home Value | $283,628 |
Residential
121
Single Family
121
Multi-Family
0
Businesses
10
Date | Event | Price |
|---|---|---|
| 2024-08-10 | Price change | $142,500 |
| 2024-06-01 | Price change | $149,000 |
| 2024-04-24 | Price change | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $436.83 | 0.72% | $52,455 | 10.00% |
| 2022-08-16 | $433.69 | 7.51% | $47,686 | 19.39% |
| 2021-08-16 | $403.41 | 5.51% | $39,942 | 10.00% |
Listed by: Margot Foster • Foster Properties
Mls Name: NTREIS
Mls ID: #20491879
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.
