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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 Iredell at 3117 Fm 1238, Iredell, TX, 76649 earns from $0/mo rent with a $3,891/mo payment. Total monthly income totals $0/mo. ROI tracks -5.88% on current figures, and rental yield reads 0% at a $795,000 purchase. Equity gained on principal adds $5,130/yr, and 5% annual appreciation supports $219,644 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 2015
36.13 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76649, Iredell, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 264 (56.3%) |
| Renter Occupied HU | 49 (10.4%) |
| Vacant Housing Units | 156 (33.3%) |
| Median Home Value | $188,636 |
| Average Home Value | $222,661 |
Residential
277
Single Family
277
Multi-Family
0
Businesses
34
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $795,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-24 | $2882.80 | 1.93% | $216,574 | 0.79% |
| 2022-04-24 | $2828.09 | 5.17% | $214,875 | 5.73% |
| 2021-04-24 | $2689.04 | 6.40% | $203,221 | 29.17% |
No similar rental properties found nearby.
Listed by: Heidi Olsen • RE/MAX Elevated Realty
Mls Name: NTREIS
Mls ID: #20912088
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.
