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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 Burleson at 217 Smith St, Burleson, TX, 76028 priced at $254,000 converts $2,065/mo rent into $259/mo cash flow after a $1,243/mo obligation. Total monthly income equals $2,065/mo, and annual cash flow totals $3,108/yr on $84,201 invested. Return on cash invested prints 23.6% in year one, and rental yield reads 9.76% against a $254,000 entry. Equity gained on principal adds $1,639/yr, while 5% annual appreciation compiles into $70,176 by year five. Five-year ROI reaches 123.84% and total cumulative return in cash sums $104,274. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,065/mo property income covering a $1,243/mo payment, not borrower’s personal income.
Single Family
Built in 1967
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Price change | $254,000 |
| 2025-01-16 | Price change | $257,000 |
| 2024-12-11 | Listed for sale | $263,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $169,424 | 10.00% |
| 2023-02-13 | $2194.12 | -24.07% | $154,022 | 10.00% |
| 2022-02-13 | $2889.48 | -0.85% | $140,020 | 10.00% |
Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20758853
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.
