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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 Cleburne at 3122 Harmony Way, Cleburne, TX, 76031 priced at $353,990 converts $4,754/mo rent into $2,199/mo cash flow after a $1,733/mo obligation. Total monthly income equals $4,754/mo, and annual cash flow totals $26,386/yr on $117,348 invested. Return on cash invested prints 42.39% in year one, and rental yield reads 16.12% against a $353,990 entry. Equity gained on principal adds $2,284/yr, while 5% annual appreciation compiles into $97,801 by year five. Five-year ROI reaches 224.76% and total cumulative return in cash sums $263,755. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,754/mo property income covering a $1,733/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,187 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Listed for sale | $353,990 |
| 2024-07-23 | Listing removed | N/A |
| 2024-06-28 | Price change | $353,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ben Caballero • Historymaker Homes
Mls Name: NTREIS
Mls ID: #20647513
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.
