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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 Aledo at 292 Observation Dr N, Aledo, TX, 76008 listed at $590,000 pairs $5,029/mo rent with a $2,888/mo payment to leave $783/mo cash flow. Total monthly income runs $5,029/mo, and annual cash flow reaches $9,398/yr on $194,110 cash to close. Return on cash invested measures 24.9% in year one, and rental yield registers 10.23% at a $590,000 basis. Equity gained on principal adds $3,807/yr, and annual property appreciation at 5% supports $163,006 by year five. Five-year ROI tracks 130.93% and total cumulative return in cash totals $254,152. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,029/mo property income relative to a $2,888/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
8,189 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 |
|---|---|---|
| 2024-12-02 | Listed for sale | $590,000 |
| 2024-09-25 | Listing removed | $610,000 |
| 2024-08-26 | Price change | $640,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $685,130 | 1205.01% |
| 2023-12-27 | $1141.39 | -9.07% | $52,500 | N/A |
| 2022-12-27 | $1255.22 | 1528.68% | $52,500 | 1296.28% |
Listed by: Richard Canada • Real
Mls Name: NTREIS
Mls ID: #20787412
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.
