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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 Godley at 220 Shepards St, Godley, TX, 76044 priced at $363,900 converts $2,517/mo rent into after a $1,781/mo obligation. Total monthly income equals $2,517/mo. Return on cash invested prints 19.21% in year one, and rental yield reads 8.3% against a $363,900 entry. Equity gained on principal adds $2,348/yr, while 5% annual appreciation compiles into $100,539 by year five. Five-year ROI reaches 100.3% and total cumulative return in cash sums $120,994. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,517/mo property income covering a $1,781/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76044, Godley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,579 (100%) |
| Owner Occupied HU | 2,998 (83.8%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 239 ( 6.7%) |
| Median Home Value | $424,069 |
| Average Home Value | $550,357 |
Residential
3,397
Single Family
3,397
Multi-Family
0
Businesses
190
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Daniel Murphy • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #20924362
