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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 Aledo at 308 Welch Folly Ln, Aledo, TX, 76008 priced at $388,000 pairs $3,564/mo rent with $805/mo cash flow after a $1,899/mo payment. Total monthly income equals $3,564/mo, and annual cash flow comes to $9,659/yr on $128,622 invested. Return on cash invested is 27.42% in year one, and rental yield stands at 11.02% on a $388,000 basis. Equity gained on principal adds $2,504/yr, and 5% annual appreciation accumulates to $107,197 by year five. Five-year ROI measures 144.31% and total cumulative return in cash reaches $185,620. For financing, Ziffy Mortgage’s DSCR program evaluates $3,564/mo property income against a $1,899/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: David Warden • Real Estate North Texas
Mls Name: NTREIS
Mls ID: #21110548
