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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 Aledo at 2337 Longspur Dr, Aledo, TX, 76008 offers $3,594/mo rent that, after a $2,374/mo payment. Total monthly income is $3,594/mo. Return on cash invested measures 19.42% in year one, and rental yield stands at 8.89% at a $485,000 entry. Equity gained on principal adds $3,130/yr while 5% annual appreciation compounds into $133,997 by year five. Five-year ROI records 102.01% and total cumulative return in cash reaches $164,006. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,594/mo property income versus a $2,374/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
4,443 sqft lot
$N/A/sqft
$210 monthly HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| 2024-08-22 | Listed for sale | $485,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Thurman Schweitzer • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20709108
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.
