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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 Ponder at 304 Preakness Ln, Ponder, TX, 76259 with 5% annual appreciation on a $338,000 basis while $3,024/mo rent supports operations. Total monthly income totals $3,024/mo and a $1,654/mo payment preserves $558/mo for cash returns. Annual cash flow comes to $6,696/yr on $112,047 deployed, and return on cash invested reaches 25.88% in year one. Equity gained on principal adds $2,181/yr, and five-year appreciation sums $93,383 alongside rental yield of 10.74%. Five-year ROI measures 136.33% and total cumulative return in cash totals $152,750.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,024/mo property income versus a $1,654/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
6,882 sqft lot
$N/A/sqft
$277 annually HOA
Neighborhood data shown for ZIP Code: 76259, Ponder, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,643 (100%) |
| Owner Occupied HU | 2,251 (85.2%) |
| Renter Occupied HU | 302 (11.4%) |
| Vacant Housing Units | 90 ( 3.4%) |
| Median Home Value | $504,792 |
| Average Home Value | $556,339 |
Residential
2,721
Single Family
2,721
Multi-Family
0
Businesses
190
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Listed for sale | $338,000 |
| 2024-10-01 | Listing removed | $340,000 |
| 2024-09-30 | Listed for sale | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-23 | N/A | N/A | $335,412 | 10.00% |
| 2023-11-23 | $6086.36 | -8.75% | $304,920 | 10.00% |
| 2022-11-23 | $6669.78 | 3.99% | $277,200 | 6.22% |
Listed by: Jocole Doddy • Only 1 Realty Group LLC
Mls Name: NTREIS
Mls ID: #20766250
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.
