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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 Smithville at 317 String Prairie Way LOT 8, Smithville, TX, 78957 priced at $338,850 pairs $2,323/mo rent with after a $1,659/mo payment. Total monthly income equals $2,323/mo. Return on cash invested is 18.53% in year one, and rental yield stands at 8.23% on a $338,850 basis. Equity gained on principal adds $2,187/yr, and 5% annual appreciation accumulates to $93,618 by year five. Five-year ROI measures 96.87% and total cumulative return in cash reaches $108,809. For financing, Ziffy Mortgage’s DSCR program evaluates $2,323/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 78957, Smithville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,292 (100%) |
| Owner Occupied HU | 3,461 (65.4%) |
| Renter Occupied HU | 1,103 (20.8%) |
| Vacant Housing Units | 728 (13.8%) |
| Median Home Value | $324,812 |
| Average Home Value | $406,026 |
Residential
4,275
Single Family
4,233
Multi-Family
42
Businesses
344
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Contingent | $338,850 |
| 2024-07-27 | Price change | $338,850 |
| 2024-05-24 | Price change | $343,850 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Toni Dudley-Svrcek • Van Zandt Properties
Mls Name: HAR
Mls Provider:
Mls ID: #32950570
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