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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 Aledo at 328 Scenic View Dr, Aledo, TX, 76008 generates $5,189/mo in rent and, after a $3,426/mo payment, leaves $211/mo in cash flow. Total monthly income is $5,189/mo, and annual cash flow is $2,536/yr on $230,300 invested. Return on cash invested sits at 21.16% in year one, and rental yield is 8.9% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 110.75% and total cumulative return in cash sums $255,064. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,189/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
1.16 Acres 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $700,000 |
| 2020-07-01 | Sold | N/A |
| 2020-06-02 | Pending sale | $369,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $7048.43 | 12.34% | $572,240 | N/A |
| 2023-04-04 | $6274.04 | -11.02% | $572,240 | 47.13% |
| 2022-04-04 | $7051.13 | 0.74% | $388,940 | 5.42% |
Listed by: Breezie Smades • Ready Real Estate
Mls Name: NTREIS
Mls ID: #20893008
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.
