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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 Burleson at 329 Lena Ln, Burleson, TX, 76028 generates $3,234/mo in rent and, after a $1,370/mo payment, leaves $1,092/mo in cash flow. Total monthly income is $3,234/mo, and annual cash flow is $13,101/yr on $92,787 invested. Return on cash invested sits at 34.03% in year one, and rental yield is 13.86% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 180.48% and total cumulative return in cash sums $167,461. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,234/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2024-08-01 | Price change | $279,900 |
| 2024-07-17 | Listed for sale | $284,900 |
| 2020-05-02 | Listing removed | $1,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $6469.69 | 17.66% | $284,382 | 30.07% |
| 2022-08-14 | $5498.84 | 43.72% | $218,633 | 48.60% |
| 2021-08-14 | $3826.16 | -4.16% | $147,132 | N/A |
Listed by: Shaley Blanks • Blanks Realty
Mls Name: NTREIS
Mls ID: #20677570
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.
