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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 Elm Mott at 333 S Charles St, Elm Mott, TX, 76640 offers $1,391/mo rent that, after a $783/mo payment, leaves $254/mo cash flow. Total monthly income is $1,391/mo, and annual cash flow is $3,043/yr on $53,007 cash. Return on cash invested measures 25.65% in year one, and rental yield stands at 10.44% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 134.87% and total cumulative return in cash reaches $71,490. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,391/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76640, Elm Mott, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 984 (73.8%) |
| Renter Occupied HU | 241 (18.1%) |
| Vacant Housing Units | 108 ( 8.1%) |
| Median Home Value | $293,684 |
| Average Home Value | $314,433 |
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
188
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-24 | N/A | N/A | $31,150 | -50.91% |
| 2023-06-24 | $912.80 | 32.73% | $63,450 | 47.87% |
| 2022-06-24 | $687.73 | 9.69% | $42,910 | 22.53% |
Listed by: Natalie Mata • Bramlett Partners
Mls Name: NTREIS
Mls ID: #20977709
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.
