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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 224 Harp Ave, Godley, TX, 76044 offers $2,934/mo rent that, after a $1,630/mo payment, leaves $493/mo cash flow. Total monthly income is $2,934/mo, and annual cash flow is $5,913/yr on $110,390 cash. Return on cash invested measures 25.27% in year one, and rental yield stands at 10.57% at a $333,000 entry. Equity gained on principal adds $2,149/yr while 5% annual appreciation compounds into $92,002 by year five. Five-year ROI records 133.07% and total cumulative return in cash reaches $146,897. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,934/mo property income versus a $1,630/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
8,624 sqft lot
$N/A/sqft
$175 annually 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 |
|---|---|---|
| 2025-02-11 | Listed for sale | $333,000 |
| 2022-09-21 | Sold | N/A |
| 2022-08-27 | Pending sale | $333,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $333,848 | N/A |
| 2023-02-12 | $6231.59 | -10.62% | $333,848 | 16.26% |
| 2022-02-12 | $6971.89 | 18.35% | $287,153 | 21.30% |
Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20841448
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.
