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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 Stephenville at 2585 Jasmine St, Stephenville, TX, 76401 generates $2,160/mo in rent and, after a $1,468/mo payment, leaves $27/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $324/yr on $99,450 invested. Return on cash invested sits at 20.23% in year one, and rental yield is 8.64% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 105.8% and total cumulative return in cash sums $105,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
Date | Event | Price |
|---|---|---|
| 2025-05-21 | Listed for sale | $300,000 |
| 2020-07-30 | Sold | N/A |
| 2020-07-19 | Pending sale | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-21 | $3755.22 | 11.11% | $298,320 | 4.10% |
| 2023-05-21 | $3379.72 | -29.07% | $286,570 | 18.02% |
| 2022-05-21 | $4765.10 | 12.55% | $242,820 | 19.19% |
Listed by: Brandon Smith • RE/MAX Elevated Realty
Mls Name: NTREIS
Mls ID: #20942786
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.
