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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 Center Pt at 230 Red Bird Loop, Center Pt, TX, 78010 priced at $425,000 converts $1,200/mo rent into after a $2,080/mo obligation. Total monthly income equals $1,200/mo. Return on cash invested prints 4.39% in year one, and rental yield reads 3.39% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 20.81% and total cumulative return in cash sums $29,321. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1984
10.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78010, Center Point, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,533 (100%) |
| Owner Occupied HU | 1,041 (67.9%) |
| Renter Occupied HU | 294 (19.2%) |
| Vacant Housing Units | 198 (12.9%) |
| Median Home Value | $366,009 |
| Average Home Value | $610,776 |
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
95
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: Somer Tinsley • eXp Realty LLC / Tinsley Realty Group
Mls Name: KVMLS
Mls ID: #120972
