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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 Iredell at 300 3rd St, Iredell, TX, 76649 generates $1,475/mo in rent, after a $2,570/mo payment. Total monthly income is $1,475/mo. Return on cash invested sits at 4.37% in year one, and rental yield is 3.37% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 20.71% and total cumulative return in cash sums $35,769. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,475/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
17.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76649, Iredell, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 264 (56.3%) |
| Renter Occupied HU | 49 (10.4%) |
| Vacant Housing Units | 156 (33.3%) |
| Median Home Value | $188,636 |
| Average Home Value | $222,661 |
Residential
277
Single Family
277
Multi-Family
0
Businesses
34
Date | Event | Price |
|---|---|---|
| 2024-10-30 | Listed for sale | $525,000 |
| 2023-10-24 | Sold | N/A |
| 2023-09-28 | Pending sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-27 | $1103.01 | -2.29% | $144,080 | 0.26% |
| 2022-12-27 | $1128.81 | 0.87% | $143,705 | -19.89% |
| 2021-12-27 | $1119.11 | 1.85% | $179,395 | 43.90% |
Listed by: Christi Black • BLACK REAL ESTATE, LLC
Mls Name: NTREIS
Mls ID: #20766597
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.
