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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 Palmer at 270 E Lamar St, Palmer, TX, 75152 priced at $200,000 pairs $1,385/mo rent with after a $979/mo payment. Total monthly income equals $1,385/mo. Return on cash invested is 17.85% in year one, and rental yield stands at 8.31% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 93.57% and total cumulative return in cash reaches $62,036. For financing, Ziffy Mortgage’s DSCR program evaluates $1,385/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
7,535 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75152, Palmer, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,051 (100%) |
| Owner Occupied HU | 1,608 (78.4%) |
| Renter Occupied HU | 345 (16.8%) |
| Vacant Housing Units | 98 ( 4.8%) |
| Median Home Value | $326,821 |
| Average Home Value | $412,307 |
Residential
1,933
Single Family
1,933
Multi-Family
0
Businesses
120
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $200,000 |
| 2021-07-29 | Sold | N/A |
| 2021-07-06 | Pending sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $4233.21 | 9.83% | $202,436 | 8.08% |
| 2023-04-25 | $3854.27 | 11.48% | $187,295 | 25.11% |
| 2022-04-25 | $3457.21 | N/A | $149,699 | 49.27% |
Listed by: Mariana Silva • Monument Realty
Mls Name: NTREIS
Mls ID: #20915979
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.
