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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 Aledo at 245 Observation Dr N, Aledo, TX, 76008 priced at $460,000 pairs $4,500/mo rent with $975/mo cash flow after a $2,251/mo payment. Total monthly income equals $4,500/mo, and annual cash flow comes to $11,700/yr on $152,490 invested. Return on cash invested is 27.58% in year one, and rental yield stands at 11.74% on a $460,000 basis. Equity gained on principal adds $2,968/yr, and 5% annual appreciation accumulates to $127,090 by year five. Five-year ROI measures 145.95% and total cumulative return in cash reaches $222,565. For financing, Ziffy Mortgage’s DSCR program evaluates $4,500/mo property income against a $2,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
7,971 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| 2025-09-15 | Listed for sale | $460,000 |
| 2025-08-15 | Listing removed | $460,000 |
| 2025-07-31 | Price change | $460,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-15 | $10088.99 | 0.85% | $515,760 | N/A |
| 2023-09-15 | $10003.85 | 696.98% | $515,760 | 882.40% |
| 2022-09-15 | $1255.22 | 1573.40% | $52,500 | 1334.43% |
Listed by: Jared Benson • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #21055219
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.
