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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 Riesel at 215 S Fairpark St, Riesel, TX, 76682 offers $1,017/mo rent that, after a $636/mo payment, leaves $93/mo cash flow. Total monthly income is $1,017/mo, and annual cash flow is $1,114/yr on $43,095 cash. Return on cash invested measures 22.49% in year one, and rental yield stands at 9.39% at a $129,999 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,916 by year five. Five-year ROI records 117.93% and total cumulative return in cash reaches $50,822. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,017/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76682, Riesel, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,283 (100%) |
| Owner Occupied HU | 901 (70.2%) |
| Renter Occupied HU | 218 (17.0%) |
| Vacant Housing Units | 164 (12.8%) |
| Median Home Value | $269,575 |
| Average Home Value | $313,399 |
Residential
1,219
Single Family
1,219
Multi-Family
0
Businesses
74
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Listed for sale | $129,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $1625.37 | -1.52% | $95,000 | N/A |
| 2023-04-22 | $1650.43 | 15.33% | $95,000 | 35.71% |
| 2022-04-22 | $1431.09 | 38.23% | $70,000 | N/A |
Listed by: Mindy Lawson • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20911107
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.
