233 NE Murphy RdBurlesonTX76028
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Burleson at 233 NE Murphy Rd, Burleson, TX, 76028 offers $2,192/mo rent that, after a $1,515/mo payment. Total monthly income is $2,192/mo. Return on cash invested measures 19.8% in year one, and rental yield stands at 8.5% at a $309,500 entry. Equity gained on principal adds $1,997/yr while 5% annual appreciation compounds into $85,509 by year five. Five-year ROI records 103.47% and total cumulative return in cash reaches $106,158. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,192/mo property income versus a $1,515/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
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Listed by: Gina Floyd • Hogan Park Realtors
Mls Name: NTREIS
Mls ID: #20728780
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.