





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 Covington at 238 Hcr #1431, Covington, TX, 76636 generates $1,546/mo in rent, after a $1,859/mo payment. Total monthly income is $1,546/mo. Return on cash invested sits at 8.9% in year one, and rental yield is 4.88% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 45.02% and total cumulative return in cash sums $56,693. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,546/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76636, Covington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 526 (74.2%) |
| Renter Occupied HU | 89 (12.6%) |
| Vacant Housing Units | 94 (13.3%) |
| Median Home Value | $264,130 |
| Average Home Value | $354,254 |
Residential
538
Single Family
538
Multi-Family
0
Businesses
40
Date | Event | Price |
|---|---|---|
| 2025-05-27 | Listed for sale | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A