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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 Glen Rose at 3387 Green Meadows Dr, Glen Rose, TX, 76043 priced at $595,000 converts $2,340/mo rent into after a $2,912/mo obligation. Total monthly income equals $2,340/mo. Return on cash invested prints 8.47% in year one, and rental yield reads 4.72% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 42.7% and total cumulative return in cash sums $83,582. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,340/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 2002
7.12 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76043, Glen Rose, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,151 (100%) |
| Owner Occupied HU | 2,163 (68.6%) |
| Renter Occupied HU | 613 (19.5%) |
| Vacant Housing Units | 375 (11.9%) |
| Median Home Value | $281,293 |
| Average Home Value | $346,632 |
Residential
2,308
Single Family
2,269
Multi-Family
39
Businesses
378
Date | Event | Price |
|---|---|---|
| 2024-12-02 | Listed for sale | $595,000 |
| 2024-09-30 | Listing removed | $595,000 |
| 2024-07-16 | Price change | $595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-12 | $2035.13 | -35.12% | $480,180 | N/A |
| 2022-02-12 | $3136.65 | -0.86% | $480,180 | 31.42% |
| 2021-02-12 | $3163.92 | -28.42% | $365,390 | 4.21% |
Listed by: Troy Brown • J.J. HAMPTON REALTY
Mls Name: NTREIS
Mls ID: #20623842
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.
