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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 Eastland at 204 S High Ave, Eastland, TX, 76448 priced at $164,900 converts $1,382/mo rent into $209/mo cash flow after a $807/mo obligation. Total monthly income equals $1,382/mo, and annual cash flow totals $2,514/yr on $54,664 invested. Return on cash invested prints 24.51% in year one, and rental yield reads 10.06% against a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation compiles into $45,559 by year five. Five-year ROI reaches 128.73% and total cumulative return in cash sums $70,372. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,382/mo property income covering a $807/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76448, Eastland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,101 (100%) |
| Owner Occupied HU | 1,776 (57.3%) |
| Renter Occupied HU | 655 (21.1%) |
| Vacant Housing Units | 670 (21.6%) |
| Median Home Value | $203,516 |
| Average Home Value | $262,323 |
Residential
2,528
Single Family
2,241
Multi-Family
287
Businesses
387
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Listed for sale | $164,900 |
| 2019-04-01 | Listing removed | $78,500 |
| 2018-10-16 | Price change | $78,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $145,360 | 32.27% |
| 2023-02-13 | N/A | N/A | $109,900 | -0.14% |
| 2022-02-13 | N/A | N/A | $110,050 | 33.99% |
Listed by: Laci Hays • CAPSTONE REAL ESTATE
Mls Name: NTREIS
Mls ID: #20796788
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.
