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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 Aledo at 216 Lantern Ridge Dr, Aledo, TX, 76008 listed at $1,199,000 pairs $4,037/mo rent with a $5,869/mo payment. Total monthly income runs $4,037/mo. Return on cash invested measures 5.81% in year one, and rental yield registers 4.04% at a $1,199,000 basis. Equity gained on principal adds $7,737/yr, and annual property appreciation at 5% supports $331,262 by year five. Five-year ROI tracks 28.62% and total cumulative return in cash totals $111,165. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,037/mo property income relative to a $5,869/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.48 Acres lot
$N/A/sqft
$225 monthly 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 |
|---|---|---|
| 2025-02-04 | Price change | $1,199,000 |
| 2024-11-20 | Price change | $1,299,000 |
| 2024-11-05 | Price change | $1,448,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cassandra Hughes • Engel & Volkers Fort Worth
Mls Name: NTREIS
Mls ID: #20536401
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.
