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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 Cleburne at 215 S Ridgeway Dr, Cleburne, TX, 76033 offers $3,089/mo rent that, after a $1,468/mo payment, leaves $956/mo cash flow. Total monthly income is $3,089/mo, and annual cash flow is $11,472/yr on $99,450 cash. Return on cash invested measures 31.44% in year one, and rental yield stands at 12.36% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 165.9% and total cumulative return in cash reaches $164,988. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,089/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,086 (58.5%) |
| Renter Occupied HU | 4,001 (33.0%) |
| Vacant Housing Units | 1,028 ( 8.5%) |
| Median Home Value | $259,771 |
| Average Home Value | $310,697 |
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Date | Event | Price |
|---|---|---|
| 2024-11-12 | Price change | $300,000 |
| 2024-10-18 | Price change | $320,000 |
| 2024-09-30 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $263,445 | 10.00% |
| 2023-12-27 | $2256.06 | -38.54% | $239,495 | 10.00% |
| 2022-12-27 | $3670.87 | N/A | $217,723 | 10.00% |
Listed by: Joshua Shelton • Home Grown Group Realty, LLC
Mls Name: NTREIS
Mls ID: #20739796
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.
