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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 Cleburne at 2405 Bailey Ct, Cleburne, TX, 76031 offers a 15.05% rental yield on a $477,999 purchase with $5,993/mo rent. Total monthly income registers $5,993/mo, and a $2,340/mo payment leaves $2,593/mo available for distribution. Annual cash flow reaches $31,121/yr on $158,457 to close, and return on cash invested stands at 39.55% in year one. Equity gained on principal adds $3,084/yr while 5% annual appreciation supports $132,062 over five years. Portfolio math shows five-year ROI at 209.39% and total cumulative return in cash at $331,788. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,993/mo property income against a $2,340/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
Date | Event | Price |
|---|---|---|
| 2024-07-15 | Price change | $477,999 |
| 2024-04-25 | Price change | $498,900 |
| 2024-02-28 | Listed for sale | $516,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $6756.40 | -24.40% | $476,577 | 10.00% |
| 2022-08-13 | $8937.58 | 0.13% | $433,252 | 4.65% |
| 2021-08-13 | $8926.03 | -0.30% | $413,995 | 10.00% |
Listed by: Nicole Hoskinson • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #20462006
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.
