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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 Italy at 305 Poplar St, Italy, TX, 76651 offers $3,050/mo rent that, after a $1,224/mo payment, leaves $1,169/mo cash flow. Total monthly income is $3,050/mo, and annual cash flow is $14,032/yr on $82,875 cash. Return on cash invested measures 36.84% in year one, and rental yield stands at 14.64% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 195.43% and total cumulative return in cash reaches $161,962. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,050/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76651, Italy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 843 (64.8%) |
| Renter Occupied HU | 359 (27.6%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $294,492 |
| Average Home Value | $395,569 |
Residential
1,103
Single Family
1,103
Multi-Family
0
Businesses
78
Date | Event | Price |
|---|---|---|
| 2024-12-24 | Listed for sale | $250,000 |
| 2024-09-30 | Listing removed | $250,000 |
| 2024-07-12 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $260,900 | -3.75% |
| 2023-12-27 | $5379.60 | 33.73% | $271,063 | 50.55% |
| 2022-12-27 | $4022.84 | N/A | $180,054 | 13.71% |
Listed by: Ladd Vien • Real Estate Centre
Mls Name: NTREIS
Mls ID: #20672793
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.
