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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 Tow at 240 Wade, Tow, TX, 78672 priced at $189,000 converts $1,136/mo rent into after a $925/mo obligation. Total monthly income equals $1,136/mo. Return on cash invested prints 15.93% in year one, and rental yield reads 7.21% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 82.8% and total cumulative return in cash sums $51,874. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,136/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78672, Tow, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 430 (42.3%) |
| Renter Occupied HU | 73 ( 7.2%) |
| Vacant Housing Units | 514 (50.5%) |
| Median Home Value | $284,286 |
| Average Home Value | $351,820 |
Residential
555
Single Family
555
Multi-Family
0
Businesses
31
Date | Event | Price |
|---|---|---|
| 2024-05-28 | Price change | $189,000 |
| 2023-08-11 | Listed for sale | $199,000 |
| 2023-08-09 | Contingent | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | N/A | N/A | $127,820 | 18.57% |
| 2023-02-14 | $286.98 | 3.42% | $107,800 | 3.42% |
| 2022-02-14 | $277.49 | 14.87% | $104,240 | 27.62% |
Listed by: Kristy Morris • Lakes and Hills Realty
Mls Name: HLMLS
Mls Provider:
Mls ID: #168943
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.
