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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 Itasca at 3242 Fm 66, Itasca, TX, 76055 offers a 3.12% rental yield on a $599,999 purchase with $1,560/mo rent. 6% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,769 over five years. Portfolio math shows five-year ROI at 16.59% and total cumulative return in cash at $32,747. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 809 (65.8%) |
| Renter Occupied HU | 250 (20.3%) |
| Vacant Housing Units | 171 (13.9%) |
| Median Home Value | $197,877 |
| Average Home Value | $264,509 |
Residential
1,166
Single Family
1,166
Multi-Family
0
Businesses
67
Date | Event | Price |
|---|---|---|
| 2024-08-19 | Listed for sale | $599,999 |
| 2010-07-16 | Sold | N/A |
| 2010-03-06 | Price change | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $1621.59 | -0.08% | $304,082 | 10.00% |
| 2022-08-30 | $1622.82 | -0.58% | $276,438 | 10.76% |
| 2021-08-30 | $1632.26 | 4.00% | $249,580 | 8.27% |
Listed by: Tammy Rydell • Buck Realty
Mls Name: NTREIS
Mls ID: #20703776
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.
