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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 Cresson at 270 Stone Mountain Rd, Cresson, TX, 76035 listed at $650,000 pairs $3,758/mo rent with a $3,181/mo payment. Total monthly income runs $3,758/mo. Return on cash invested measures 14.97% in year one, and rental yield registers 6.94% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 77.66% and total cumulative return in cash totals $166,070. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,758/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
2.39 Acres lot
$N/A/sqft
$514 annually HOA
Neighborhood data shown for ZIP Code: 76035, Cresson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,204 (100%) |
| Owner Occupied HU | 812 (67.4%) |
| Renter Occupied HU | 266 (22.1%) |
| Vacant Housing Units | 126 (10.5%) |
| Median Home Value | $460,902 |
| Average Home Value | $528,048 |
Residential
1,006
Single Family
1,005
Multi-Family
1
Businesses
150
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $650,000 |
| 2024-07-22 | Listing removed | N/A |
| 2024-06-21 | Price change | $644,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $2239.35 | -0.55% | $635,770 | 69.32% |
| 2022-10-22 | $2251.67 | -0.53% | $375,480 | N/A |
| 2021-10-22 | $2263.74 | 3.16% | $375,480 | 10.28% |
Listed by: Amanda Kenvin • DFW Fine Properties
Mls Name: NTREIS
Mls ID: #20737713
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.
