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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 Aledo at 215 Observation Dr N, Aledo, TX, 76008 priced at $479,900 converts $3,887/mo rent into $322/mo cash flow after a $2,349/mo obligation. Total monthly income equals $3,887/mo, and annual cash flow totals $3,867/yr on $159,087 invested. Return on cash invested prints 22.34% in year one, and rental yield reads 9.72% against a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,588 by year five. Five-year ROI reaches 117.52% and total cumulative return in cash sums $186,957. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,887/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 2022
7,448 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| 2024-12-02 | Price change | $479,900 |
| 2024-11-14 | Price change | $489,900 |
| 2024-11-07 | Listed for sale | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $9188.62 | -5.89% | $474,650 | -5.96% |
| 2023-12-27 | $9764.06 | 677.88% | $504,730 | 861.39% |
| 2022-12-27 | $1255.22 | 1690.87% | $52,500 | 1435.09% |
Listed by: Amber Sustala • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20771074
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.
