








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 303 E McLain, Iredell, TX, 76649 offers $1,955/mo rent that, after a $1,468/mo payment. Total monthly income is $1,955/mo. Return on cash invested measures 17.76% in year one, and rental yield stands at 7.82% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 92.57% and total cumulative return in cash reaches $92,032. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,955/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.52 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 |
|---|---|---|
| 2025-07-25 | Listed for sale | $299,900 |
| 2025-07-17 | Listing removed | $300,000 |
| 2025-06-14 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-25 | $3246.52 | -13.98% | $263,413 | 0.03% |
| 2023-07-25 | $3774.05 | 4.35% | $263,331 | 0.07% |
| 2022-07-25 | $3616.82 | 6.19% | $263,159 | 25.56% |



Listed by: Charisse Morales • EG Realty
Mls Name: NTREIS
Mls ID: #21005984
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.