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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 Burleson at 206 Sherry Ln, Burleson, TX, 76028 offers $6,047/mo rent that, after a $3,083/mo payment, leaves $1,568/mo cash flow. Total monthly income is $6,047/mo, and annual cash flow is $18,813/yr on $207,237 cash. Return on cash invested measures 29.14% in year one, and rental yield stands at 11.52% at a $629,900 entry. Equity gained on principal adds $4,065/yr while 5% annual appreciation compounds into $174,030 by year five. Five-year ROI records 153.52% and total cumulative return in cash reaches $318,147. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,047/mo property income versus a $3,083/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
3.06 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2024-07-23 | Price change | $629,900 |
| 2024-06-08 | Listed for sale | $649,900 |
| 2022-09-16 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $10057.94 | 0.10% | $592,794 | 13.15% |
| 2022-08-13 | $10047.86 | 1.04% | $523,899 | N/A |
| 2021-08-13 | $9944.90 | -3.81% | $523,899 | N/A |
Listed by: Debbie Darwin • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20635122
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.
