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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 Itasca at 304 E North St, Itasca, TX, 76055 offers $2,386/mo rent that, after a $925/mo payment, leaves $1,042/mo cash flow. Total monthly income is $2,386/mo, and annual cash flow is $12,505/yr on $62,654 cash. Return on cash invested measures 39.87% in year one, and rental yield stands at 15.15% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 211.16% and total cumulative return in cash reaches $132,298. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,386/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
3,615 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 809 (65.8%) |
| Renter Occupied HU | 250 (20.3%) |
| Vacant Housing Units | 171 (13.9%) |
| Median Home Value | $197,877 |
| Average Home Value | $264,509 |
Residential
1,166
Single Family
1,166
Multi-Family
0
Businesses
67
Date | Event | Price |
|---|---|---|
| 2024-07-30 | Price change | $189,000 |
| 2024-06-11 | Price change | $199,000 |
| 2024-04-04 | Listed for sale | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $611.76 | -0.64% | $107,430 | 5.50% |
| 2022-08-14 | $615.69 | 35.50% | $101,830 | 46.77% |
| 2021-08-14 | $454.40 | 20.00% | $69,380 | 24.94% |
Listed by: Adriana Herrera • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #20579303
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.
