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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 Godley at 211 Rees Ave, Godley, TX, 76044 offers $4,818/mo rent that, after a $1,757/mo payment, leaves $2,163/mo cash flow. Total monthly income is $4,818/mo, and annual cash flow is $25,957/yr on $118,975 cash. Return on cash invested measures 41.73% in year one, and rental yield stands at 16.11% at a $358,900 entry. Equity gained on principal adds $2,316/yr while 5% annual appreciation compounds into $99,157 by year five. Five-year ROI records 221.46% and total cumulative return in cash reaches $263,484. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,818/mo property income versus a $1,757/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
7,884 sqft lot
$N/A/sqft
$130 annually HOA
Neighborhood data shown for ZIP Code: 76044, Godley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,579 (100%) |
| Owner Occupied HU | 2,998 (83.8%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 239 ( 6.7%) |
| Median Home Value | $424,069 |
| Average Home Value | $550,357 |
Residential
3,397
Single Family
3,397
Multi-Family
0
Businesses
190
Date | Event | Price |
|---|---|---|
| 2024-07-29 | Price change | $358,900 |
| 2024-07-11 | Price change | $359,000 |
| 2024-06-10 | Listed for sale | $369,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $7055.14 | -6.66% | $370,380 | 10.00% |
| 2022-08-13 | $7558.89 | 122.74% | $336,709 | 146.90% |
| 2021-08-13 | $3393.63 | 285.18% | $136,374 | 289.64% |
Listed by: Whitley Rodgers • Old Texas Realty Group
Mls Name: NTREIS
Mls ID: #20561040
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.
