288 Strawberry LnRhomeTX76078
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Rhome at 288 Strawberry Ln, Rhome, TX, 76078 priced at $297,500 converts $2,623/mo rent into $508/mo cash flow after a $1,456/mo obligation. Total monthly income equals $2,623/mo, and annual cash flow totals $6,090/yr on $98,621 invested. Return on cash invested prints 26.08% in year one, and rental yield reads 10.58% against a $297,500 entry. Equity gained on principal adds $1,920/yr, while 5% annual appreciation compiles into $82,194 by year five. Five-year ROI reaches 137.19% and total cumulative return in cash sums $135,295. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,623/mo property income covering a $1,456/mo payment, not borrower’s personal income.
Single Family
Built in 1996
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76078, Rhome, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,203 (100%) |
| Owner Occupied HU | 3,527 (83.9%) |
| Renter Occupied HU | 495 (11.8%) |
| Vacant Housing Units | 181 ( 4.3%) |
| Median Home Value | $377,331 |
| Average Home Value | $441,454 |
Housing Distribution
Address Breakdown
Residential
4,000
Single Family
4,000
Multi-Family
0
Businesses
245
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