Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 317 Red Dr, Aledo, TX, 76008 priced at $395,000 converts $3,594/mo rent into $655/mo cash flow after a $1,933/mo obligation. Total monthly income equals $3,594/mo, and annual cash flow totals $7,857/yr on $130,943 invested. Return on cash invested prints 25.91% in year one, and rental yield reads 10.92% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 136.66% and total cumulative return in cash sums $178,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,594/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 2014
10,541 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 |
|---|---|---|
| 2025-05-19 | Listed for sale | $395,000 |
| 2020-03-03 | Listing removed | $276,500 |
| 2020-02-29 | Listed for sale | $276,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-19 | $8126.91 | 0.74% | $371,070 | N/A |
| 2023-05-19 | $8067.37 | 27.39% | $371,070 | 40.09% |
| 2022-05-19 | $6333.03 | 0.60% | $264,880 | N/A |
Listed by: Peter Von Illyes • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20925449
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.
