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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 Burleson at 2420 Charles Ave, Burleson, TX, 76028 offers $3,972/mo rent that, after a $3,549/mo payment. Total monthly income is $3,972/mo. Return on cash invested measures 14.1% in year one, and rental yield stands at 6.57% at a $725,000 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,304 by year five. Five-year ROI records 72.89% and total cumulative return in cash reaches $173,861. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,972/mo property income versus a $3,549/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.80 Acres 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 |
|---|---|---|
| 2024-11-20 | Listed for sale | $725,000 |
| 2024-11-02 | Listing removed | $710,000 |
| 2024-10-19 | Price change | $710,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $637,190 | -5.46% |
| 2023-12-27 | $11435.90 | 13.23% | $674,008 | 27.99% |
| 2022-12-27 | $10099.74 | -2.87% | $526,604 | N/A |
Listed by: Elizabeth Crosby • Keller Williams Fort Worth
Mls Name: NTREIS
Mls ID: #20782052
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.
