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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 221 Mockingbird Mdws, Burleson, TX, 76028 priced at $287,000 pairs $3,250/mo rent with $1,209/mo cash flow after a $1,405/mo payment. Total monthly income equals $3,250/mo, and annual cash flow comes to $14,506/yr on $95,141 invested. Return on cash invested is 35.16% in year one, and rental yield stands at 13.59% on a $287,000 basis. Equity gained on principal adds $1,852/yr, and 5% annual appreciation accumulates to $79,293 by year five. Five-year ROI measures 185.8% and total cumulative return in cash reaches $176,770. For financing, Ziffy Mortgage’s DSCR program evaluates $3,250/mo property income against a $1,405/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
0.73 Acres 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 |
|---|---|---|
| 2024-08-21 | Listed for sale | $287,000 |
| 2006-03-16 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $1747.96 | -36.40% | $134,410 | N/A |
| 2022-08-30 | $2748.38 | -11.33% | $134,410 | N/A |
| 2021-08-30 | $3099.47 | -4.11% | $134,410 | N/A |
Listed by: Misti Bishop-Sexton • Custom Real Estate Services
Mls Name: NTREIS
Mls ID: #20708460
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.
