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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 Cleburne at 306 Myers Ave, Cleburne, TX, 76033 listed at $269,900 pairs $2,521/mo rent with a $1,321/mo payment to leave $602/mo cash flow. Total monthly income runs $2,521/mo, and annual cash flow reaches $7,221/yr on $89,472 cash to close. Return on cash invested measures 27.98% in year one, and rental yield registers 11.21% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 147.34% and total cumulative return in cash totals $131,826. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,521/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.30 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 |
|---|---|---|
| 2024-10-10 | Price change | $269,900 |
| 2024-10-07 | Price change | $273,000 |
| 2024-09-30 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | N/A | N/A | $151,507 | N/A |
| 2023-10-16 | $3371.43 | -11.08% | $151,507 | N/A |
| 2022-10-16 | $3791.66 | -4.08% | $151,507 | N/A |
Listed by: Briana Herrera • Elite Real Estate Texas
Mls Name: NTREIS
Mls ID: #20714941
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.
