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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 261 Mineral Point Dr, Aledo, TX, 76008 generates $3,846/mo in rent and, after a $2,325/mo payment, leaves $60/mo in cash flow. Total monthly income is $3,846/mo, and annual cash flow is $714/yr on $157,463 invested. Return on cash invested sits at 20.36% in year one, and rental yield is 9.72% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 107.62% and total cumulative return in cash sums $169,459. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,846/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
N/A lot
$N/A/sqft
$265 quarterly 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 |
|---|---|---|
| 2025-07-16 | Listed for sale | $475,000 |
| 2024-10-30 | Listing removed | $449,000 |
| 2024-10-04 | Listed for sale | $449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-16 | $11727.17 | 0.38% | $461,920 | N/A |
| 2023-07-16 | $11682.87 | 22.23% | $461,920 | 45.36% |
| 2022-07-16 | $9557.86 | 37.71% | $317,770 | 39.62% |
Listed by: Judith Riola • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #21001439
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.
