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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 Hewitt at 236 Laredo Dr, Hewitt, TX, 76643 generates $2,108/mo in rent and, after a $1,187/mo payment, leaves $383/mo in cash flow. Total monthly income is $2,108/mo, and annual cash flow is $4,602/yr on $80,389 invested. Return on cash invested sits at 25.63% in year one, and rental yield is 10.43% on a $242,500 entry. Equity gained on principal adds $1,565/yr, while 5% annual appreciation builds toward $66,998 over five years. Five-year ROI reaches 134.77% and total cumulative return in cash sums $108,343. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,108/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76643, Hewitt, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 4,500 (72.0%) |
| Renter Occupied HU | 1,579 (25.3%) |
| Vacant Housing Units | 168 ( 2.7%) |
| Median Home Value | $289,685 |
| Average Home Value | $306,717 |
Residential
6,299
Single Family
5,743
Multi-Family
556
Businesses
518
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $242,500 |
| 2020-08-05 | Sold | N/A |
| 2020-07-08 | Pending sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $2790.36 | -1.05% | $215,500 | -0.99% |
| 2023-04-30 | $2819.97 | -17.59% | $217,655 | 10.00% |
| 2022-04-30 | $3421.74 | 0.41% | $197,868 | 10.00% |
Listed by: Jonathan Grant • Camille Johnson
Mls Name: NTREIS
Mls ID: #20919858
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.
