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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 Walnut Springs at 229 N 2nd St, Walnut Springs, TX, 76690 uses $41,438 cash to close to unlock $635/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $942/mo, and a $612/mo payment keeps the spread at $53/mo. Purchase price stands at $125,000, and rental yield measures 9.04% with $942/mo rent. Return on cash invested shows 21.44% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 112.26% and total cumulative return in cash records $46,517. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $942/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76690, Walnut Springs, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 720 (100%) |
| Owner Occupied HU | 451 (62.6%) |
| Renter Occupied HU | 116 (16.1%) |
| Vacant Housing Units | 153 (21.2%) |
| Median Home Value | $237,121 |
| Average Home Value | $330,477 |
Residential
500
Single Family
500
Multi-Family
0
Businesses
28
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: Ashley Fink • Gingrich Group, LLC
Mls Name: NTREIS
Mls ID: #228098
