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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 Burleson at 230 NE Craig St, Burleson, TX, 76028 offers a 9.66% rental yield on a $289,900 purchase with $2,334/mo rent. Total monthly income registers $2,334/mo, and a $1,419/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,269/yr on $96,102 to close, and return on cash invested stands at 23.31% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 122.32% and total cumulative return in cash at $117,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,334/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
8,581 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 |
|---|---|---|
| 2025-05-20 | Listed for sale | $289,900 |
| 2025-04-02 | Listed for rent | $1,995 |
| 2025-03-14 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-20 | N/A | N/A | $169,753 | 10.00% |
| 2023-05-20 | $667.68 | -12.69% | $154,321 | 10.00% |
| 2022-05-20 | $764.75 | N/A | $140,292 | 10.00% |
Listed by: Gabe Waldrep • PPMG of Texas LLC
Mls Name: NTREIS
Mls ID: #20942112
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.
