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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 Burleson at 314 NE Michael Dr, Burleson, TX, 76028 with 5% annual appreciation on a $224,900 basis while $3,191/mo rent supports operations. Total monthly income totals $3,191/mo and a $1,101/mo payment preserves $1,591/mo for cash returns. Annual cash flow comes to $19,098/yr on $74,554 deployed, and return on cash invested reaches 45.52% in year one. Equity gained on principal adds $1,451/yr, and five-year appreciation sums $62,136 alongside rental yield of 17.03%. Five-year ROI measures 241.45% and total cumulative return in cash totals $180,013.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,191/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
9,713 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Price change | $224,900 |
| 2024-08-05 | Listed for sale | $229,900 |
| 2007-03-09 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $641.57 | -19.51% | $140,000 | 1.63% |
| 2022-08-14 | $797.07 | 4.84% | $137,760 | 5.75% |
| 2021-08-14 | $760.28 | 6.80% | $130,275 | -5.93% |
Listed by: Michael Ewers • PPMG of Texas LLC
Mls Name: NTREIS
Mls ID: #20693881
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.
