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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 Salado at 3066 Rolling Meadow Dr, Salado, TX, 76571 priced at $1,080,000 pairs $5,627/mo rent with after a $5,286/mo payment. Total monthly income equals $5,627/mo. Return on cash invested is 13.12% in year one, and rental yield stands at 6.25% on a $1,080,000 basis. Equity gained on principal adds $6,969/yr, and 5% annual appreciation accumulates to $298,384 by year five. Five-year ROI measures 67.63% and total cumulative return in cash reaches $236,656. For financing, Ziffy Mortgage’s DSCR program evaluates $5,627/mo property income against a $5,286/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
1.27 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood data shown for ZIP Code: 76571, Salado, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,913 (100%) |
| Owner Occupied HU | 3,095 (79.1%) |
| Renter Occupied HU | 574 (14.7%) |
| Vacant Housing Units | 244 ( 6.2%) |
| Median Home Value | $445,392 |
| Average Home Value | $511,914 |
Residential
4,248
Single Family
4,240
Multi-Family
8
Businesses
519
Date | Event | Price |
|---|---|---|
| 2024-11-20 | Price change | $1,080,000 |
| 2024-07-23 | Price change | $1,090,000 |
| 2024-07-08 | Price change | $1,095,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-21 | N/A | N/A | $1,120,970 | 0.60% |
| 2023-11-21 | $16371.15 | 48.89% | $1,114,329 | 72.56% |
| 2022-11-21 | $10995.43 | N/A | $645,764 | 10.00% |
Listed by: Caxton Chick • First Texas Brokerage Company
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #542588
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.
