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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 Damon at 20202 Deer Run Rd, Damon, TX, 77430 listed at $559,900 pairs $3,216/mo rent with a $2,740/mo payment. Total monthly income runs $3,216/mo. Return on cash invested measures 14.94% in year one, and rental yield registers 6.89% at a $559,900 basis. Equity gained on principal adds $3,613/yr, and annual property appreciation at 5% supports $154,690 by year five. Five-year ROI tracks 77.46% and total cumulative return in cash totals $142,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,216/mo property income relative to a $2,740/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
3.12 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood data shown for ZIP Code: 77430, Damon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,030 (100%) |
| Owner Occupied HU | 704 (68.3%) |
| Renter Occupied HU | 107 (10.4%) |
| Vacant Housing Units | 219 (21.3%) |
| Median Home Value | $423,077 |
| Average Home Value | $443,864 |
Residential
729
Single Family
729
Multi-Family
0
Businesses
27
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listed for sale | $559,900 |
| 2024-09-03 | Listing removed | $575,000 |
| 2024-08-16 | Listed for sale | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-28 | $1257.26 | 19.17% | $99,367 | 83.64% |
| 2023-03-28 | $1055.05 | 28.05% | $54,111 | 0.00% |
| 2022-03-28 | $823.95 | -9.49% | $54,110 | 12.68% |
Listed by: Angie Middlebrooks • RE/MAX Fine Properties
Mls Name: HAR
Mls Provider:
Mls ID: #60878612
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