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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 263 Observation Dr N, Aledo, TX, 76008 priced at $589,900 pairs $3,594/mo rent with after a $2,887/mo payment. Total monthly income equals $3,594/mo. Return on cash invested is 14.69% in year one, and rental yield stands at 7.31% on a $589,900 basis. Equity gained on principal adds $3,807/yr, and 5% annual appreciation accumulates to $162,978 by year five. Five-year ROI measures 76.68% and total cumulative return in cash reaches $148,821. For financing, Ziffy Mortgage’s DSCR program evaluates $3,594/mo property income against a $2,887/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
7,840 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 |
|---|---|---|
| 2025-04-14 | Listed for sale | $589,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $12398.10 | 986.23% | $578,090 | 1001.12% |
| 2023-04-14 | $1141.39 | -9.07% | $52,500 | N/A |
| 2022-04-14 | $1255.22 | 1601.30% | $52,500 | 1358.33% |
Listed by: Karrin Forrester • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20900194
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.
