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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 Walnut Springs at 239 W Norway St, Walnut Springs, TX, 76690 generates $1,259/mo in rent and, after a $783/mo payment, leaves $121/mo in cash flow. Total monthly income is $1,259/mo, and annual cash flow is $1,456/yr on $53,040 invested. Return on cash invested sits at 22.65% in year one, and rental yield is 9.44% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 118.85% and total cumulative return in cash sums $63,038. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,259/mo property income rather than buyer’s personal income.
Manufactured
Built in 2007
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76690, Walnut Springs, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 720 (100%) |
| Owner Occupied HU | 451 (62.6%) |
| Renter Occupied HU | 116 (16.1%) |
| Vacant Housing Units | 153 (21.2%) |
| Median Home Value | $237,121 |
| Average Home Value | $330,477 |
Residential
500
Single Family
500
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Listed for sale | $160,000 |
| 2025-06-04 | Listing removed | $160,000 |
| 2025-05-12 | Price change | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-18 | $1160.24 | -14.12% | $73,023 | 2.15% |
| 2023-06-18 | $1351.01 | -5.58% | $71,486 | -0.26% |
| 2022-06-18 | $1430.82 | 100.00% | $71,670 | 100.00% |
Listed by: Becky Paruszewski • JPAR Cleburne
Mls Name: NTREIS
Mls ID: #20827941
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.
