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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% |
Investment property for sale in Burleson at 238 S Main St, Burleson, TX, 76028 at $360,000 posts ROI 22.57% with $265/mo cash flow from $2,825/mo rent. Total monthly income equals $2,825/mo, and annual cash flow records $3,180/yr on $119,340 to close. Return on cash invested measures 22.57% and rental yield reads 9.42% at the current $360,000. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 by year five. Five-year ROI prints 118.33% and total cumulative return in cash totals $141,213.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,825/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1960
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| 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 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Price change | $360,000 |
| 2024-06-06 | Price change | $400,000 |
| 2024-05-21 | Listed for sale | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2455.78 | -9.55% | $107,946 | N/A |
| 2022-08-14 | $2714.95 | -3.28% | $107,946 | N/A |
| 2021-08-14 | $2807.13 | 18.21% | $107,946 | 23.34% |
Listed by: Cassie Spears • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20623765
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.
