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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 Italy at 210-215 Southard Dr, Italy, TX, 76651 generates $3,065/mo in rent, after a $5,873/mo payment. Total monthly income is $3,065/mo. Return on cash invested sits at 3.49% in year one, and rental yield is 3.07% on a $1,199,900 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,510 over five years. Five-year ROI reaches 15.95% and total cumulative return in cash sums $62,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,065/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
56.16 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76651, Italy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 843 (64.8%) |
| Renter Occupied HU | 359 (27.6%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $294,492 |
| Average Home Value | $395,569 |
Residential
1,103
Single Family
1,103
Multi-Family
0
Businesses
78
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: JL Smith • Hi View Real Estate
Mls Name: NTREIS
Mls ID: #20581658
