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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 Stephenville at 2600 Phelps St, Stephenville, TX, 76401 offers a 8.65% rental yield on a $299,500 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $1,466/mo payment leaves $30/mo available for distribution. Annual cash flow reaches $361/yr on $99,284 to close, and return on cash invested stands at 20.27% in year one. Equity gained on principal adds $1,933/yr while 5% annual appreciation supports $82,746 over five years. Portfolio math shows five-year ROI at 106.06% and total cumulative return in cash at $105,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,466/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.27 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 |
|---|---|---|
| 2024-09-30 | Listed for sale | $299,500 |
| 2024-09-19 | Listing removed | $299,500 |
| 2024-08-19 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $284,520 | 10.45% |
| 2023-12-27 | $1510.45 | -27.40% | $257,590 | 16.22% |
| 2022-12-27 | $2080.61 | -0.30% | $221,640 | 20.07% |
Listed by: Sam Byrd • CLARK REAL ESTATE GROUP
Mls Name: NTREIS
Mls ID: #20688085
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.
