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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 Weimar at 306 N Exchange St, Weimar, TX, 78962 offers $2,539/mo rent that, after a $1,346/mo payment, leaves $583/mo cash flow. Total monthly income is $2,539/mo, and annual cash flow is $7,001/yr on $91,163 cash. Return on cash invested measures 27.59% in year one, and rental yield stands at 11.08% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 145.27% and total cumulative return in cash reaches $132,431. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,539/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78962, Weimar, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,496 (100%) |
| Owner Occupied HU | 1,629 (65.3%) |
| Renter Occupied HU | 325 (13.0%) |
| Vacant Housing Units | 542 (21.7%) |
| Median Home Value | $298,242 |
| Average Home Value | $479,954 |
Residential
2,104
Single Family
2,062
Multi-Family
42
Businesses
229
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Listed for sale | $275,000 |
| 2020-06-11 | Listing removed | $199,000 |
| 2020-04-25 | Pending sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $231,606 | 10.00% |
| 2023-12-27 | $1842.99 | -35.18% | $210,551 | 10.00% |
| 2022-12-27 | $2843.32 | -7.61% | $191,410 | N/A |
Listed by: Gary Helmcamp • Tri-County Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #94958457
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.
