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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 Cresson at 3135 Rio Grande Cir, Cresson, TX, 76035 priced at $999,900 converts $6,610/mo rent into after a $4,894/mo obligation. Total monthly income equals $6,610/mo. Return on cash invested prints 17.93% in year one, and rental yield reads 7.93% against a $999,900 entry. Equity gained on principal adds $6,452/yr, while 5% annual appreciation compiles into $276,254 by year five. Five-year ROI reaches 93.54% and total cumulative return in cash sums $307,700. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,610/mo property income covering a $4,894/mo payment, not borrower’s personal income.
Single Family
Built in 2024
2.01 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood data shown for ZIP Code: 76035, Cresson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,204 (100%) |
| Owner Occupied HU | 812 (67.4%) |
| Renter Occupied HU | 266 (22.1%) |
| Vacant Housing Units | 126 (10.5%) |
| Median Home Value | $460,902 |
| Average Home Value | $528,048 |
Residential
1,006
Single Family
1,005
Multi-Family
1
Businesses
150
Date | Event | Price |
|---|---|---|
| 2024-05-25 | Listed for sale | $999,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Steve Fortner • RE/MAX Lake Granbury
Mls Name: NTREIS
Mls ID: #20625447
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.
