








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 Bartlett at 231 S Evie St, Bartlett, TX, 76511 offers $2,154/mo rent that, after a $1,126/mo payment, leaves $518/mo cash flow. Total monthly income is $2,154/mo, and annual cash flow is $6,218/yr on $76,245 cash. Return on cash invested measures 28.06% in year one, and rental yield stands at 11.24% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 147.83% and total cumulative return in cash reaches $112,711. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,154/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76511, Bartlett, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 972 (100%) |
| Owner Occupied HU | 701 (72.1%) |
| Renter Occupied HU | 162 (16.7%) |
| Vacant Housing Units | 109 (11.2%) |
| Median Home Value | $332,540 |
| Average Home Value | $429,768 |
Residential
754
Single Family
738
Multi-Family
16
Businesses
68
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: Lonnie Earnest • Texas Ally Real Estate Group
Mls Name: Unlock MLS
Mls ID: #3198710