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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 Cleburne at 303 Forrest Ave, Cleburne, TX, 76033 generates $2,220/mo in rent, after a $2,276/mo payment. Total monthly income is $2,220/mo. Return on cash invested sits at 11.06% in year one, and rental yield is 5.73% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 56.76% and total cumulative return in cash sums $87,491. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,086 (58.5%) |
| Renter Occupied HU | 4,001 (33.0%) |
| Vacant Housing Units | 1,028 ( 8.5%) |
| Median Home Value | $259,771 |
| Average Home Value | $310,697 |
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Date | Event | Price |
|---|---|---|
| 2024-07-23 | Price change | $465,000 |
| 2024-07-08 | Price change | $475,000 |
| 2024-06-06 | Listed for sale | $498,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $8320.73 | -13.13% | $438,834 | 6.05% |
| 2022-08-13 | $9578.38 | 0.82% | $413,812 | 7.14% |
| 2021-08-13 | $9500.32 | 7.16% | $386,245 | 13.06% |
Listed by: Nancy Granby • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20598279
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.
