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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 Harker Heights at 2603 Arno St, Harker Heights, TX, 76548 priced at $375,000 converts $2,747/mo rent into $51/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,747/mo, and annual cash flow totals $609/yr on $124,313 invested. Return on cash invested prints 20.4% in year one, and rental yield reads 8.79% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 106.78% and total cumulative return in cash sums $132,747. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,747/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2019
7,840 sqft lot
$N/A/sqft
$30 monthly HOA
Neighborhood data shown for ZIP Code: 76548, Harker Heights, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 7,793 (57.9%) |
| Renter Occupied HU | 4,954 (36.8%) |
| Vacant Housing Units | 705 ( 5.2%) |
| Median Home Value | $305,751 |
| Average Home Value | $308,017 |
Residential
12,589
Single Family
12,008
Multi-Family
581
Businesses
970
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Price change | $375,000 |
| 2024-11-07 | Listed for sale | $385,000 |
| 2019-06-04 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5927.43 | 15.38% | $385,836 | 14.22% |
| 2023-02-13 | $5137.53 | -12.05% | $337,812 | 10.00% |
| 2022-02-13 | $5841.68 | N/A | $307,102 | 10.00% |
Listed by: Shelly Salas • Your Home SOLD Guaranteed Realty Shelly Salas
Mls Name: My State MLS
Mls ID: #11361276
