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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 Palmer at 215 Kimberly Hl, Palmer, TX, 75152 offers a 6.36% rental yield on a $385,000 purchase with $2,040/mo rent. 35% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 68.89% and total cumulative return in cash at $87,922. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75152, Palmer, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,051 (100%) |
| Owner Occupied HU | 1,608 (78.4%) |
| Renter Occupied HU | 345 (16.8%) |
| Vacant Housing Units | 98 ( 4.8%) |
| Median Home Value | $326,821 |
| Average Home Value | $412,307 |
Residential
1,933
Single Family
1,933
Multi-Family
0
Businesses
120
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Price change | $385,000 |
| 2024-07-25 | Price change | $392,500 |
| 2024-06-26 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $4953.73 | 65.10% | $410,894 | 89.30% |
| 2022-08-14 | $3000.43 | N/A | $217,054 | 18.05% |
| 2021-08-14 | N/A | N/A | $183,873 | 10.00% |
Listed by: Lane Farr • Attorney Broker Services
Mls Name: NTREIS
Mls ID: #20657712
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.
