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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 Tolar at 243 Peace Lily Way, Tolar, TX, 76476 generates $1,891/mo in rent and, after a $1,197/mo payment, leaves $152/mo in cash flow. Total monthly income is $1,891/mo, and annual cash flow is $1,825/yr on $81,048 invested. Return on cash invested sits at 22.16% in year one, and rental yield is 9.28% on a $244,490 entry. Equity gained on principal adds $1,578/yr, while 5% annual appreciation builds toward $67,548 over five years. Five-year ROI reaches 116.19% and total cumulative return in cash sums $94,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,891/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76476, Tolar, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 940 (69.4%) |
| Renter Occupied HU | 254 (18.7%) |
| Vacant Housing Units | 161 (11.9%) |
| Median Home Value | $330,435 |
| Average Home Value | $350,457 |
Residential
1,198
Single Family
1,197
Multi-Family
1
Businesses
89
Date | Event | Price |
|---|---|---|
| 2024-12-19 | Price change | $244,490 |
| 2024-12-03 | Price change | $254,490 |
| 2024-11-21 | Price change | $262,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Virginia Padilla • Jason Mitchell Real Estate
Mls Name: NTREIS
Mls ID: #20776746
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.
