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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 Wortham at 307 S 4th St, Wortham, TX, 76693 generates $1,860/mo in rent and, after a $1,224/mo payment, leaves $82/mo in cash flow. Total monthly income is $1,860/mo, and annual cash flow is $982/yr on $82,875 invested. Return on cash invested sits at 21.09% in year one, and rental yield is 8.93% on a $249,999 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 110.39% and total cumulative return in cash sums $91,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76693, Wortham, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 559 (61.1%) |
| Renter Occupied HU | 211 (23.1%) |
| Vacant Housing Units | 145 (15.8%) |
| Median Home Value | $200,610 |
| Average Home Value | $256,328 |
Residential
700
Single Family
700
Multi-Family
0
Businesses
50
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $249,999 |
| 2023-12-27 | Sold | N/A |
| 2023-12-20 | Pending sale | $211,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $3750.93 | 113.80% | $229,616 | 50.77% |
| 2023-04-30 | $1754.41 | -31.84% | $152,300 | -10.63% |
| 2022-04-30 | $2573.99 | -4.07% | $170,407 | 31.08% |
Listed by: Sherry Frye • Premier Realty
Mls Name: NTREIS
Mls ID: #20917685
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.
