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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 Smithville at 321 String Prairie Way LOT 10, Smithville, TX, 78957 uses $104,323 cash to close to unlock $15,537/yr annual cash flow and $1,295/mo monthly cash flow. Total monthly income runs $3,574/mo, and a $1,540/mo payment keeps the spread at $1,295/mo. Purchase price stands at $314,700, and rental yield measures 13.63% with $3,574/mo rent. Return on cash invested shows 34.8% in year one, and 5% annual appreciation builds toward $86,946 over five years. Five-year ROI reaches 184.1% and total cumulative return in cash records $192,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,574/mo property income covering a $1,540/mo payment rather than investor’s personal income.
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 |
|---|---|---|
| 2024-07-31 | Price change | $314,700 |
| 2024-05-24 | Price change | $319,700 |
| 2024-05-06 | Listed for sale | $335,000 |
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: #93085725
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