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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 Italy at 320 S Ward St, Italy, TX, 76651 priced at $264,999 converts $2,194/mo rent into $310/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,194/mo, and annual cash flow totals $3,715/yr on $87,847 invested. Return on cash invested prints 24.14% in year one, and rental yield reads 9.94% against a $264,999 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,214 by year five. Five-year ROI reaches 126.76% and total cumulative return in cash sums $111,351. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,194/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76651, Italy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 843 (64.8%) |
| Renter Occupied HU | 359 (27.6%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $294,492 |
| Average Home Value | $395,569 |
Residential
1,103
Single Family
1,103
Multi-Family
0
Businesses
78
Date | Event | Price |
|---|---|---|
| 2025-05-16 | Price change | $264,999 |
| 2025-02-19 | Price change | $259,000 |
| 2025-01-21 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $2424.18 | 6.55% | $186,528 | 10.00% |
| 2023-05-16 | $2275.14 | -22.19% | $169,571 | 10.00% |
| 2022-05-16 | $2924.14 | N/A | $154,155 | 10.00% |
Listed by: Nick Good • EXP REALTY
Mls Name: NTREIS
Mls ID: #20919807
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.
