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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 345 N Field St, Burleson, TX, 76028 priced at $229,000 converts $1,915/mo rent into $286/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,915/mo, and annual cash flow totals $3,437/yr on $75,914 invested. Return on cash invested prints 24.44% in year one, and rental yield reads 10.03% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 128.36% and total cumulative return in cash sums $97,445. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,915/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1962
165.53 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $229,000 |
| 2025-04-01 | Listing removed | $234,900 |
| 2025-03-04 | Price change | $234,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | N/A | N/A | $83,031 | N/A |
| 2023-04-23 | $1888.95 | -9.55% | $83,031 | N/A |
| 2022-04-23 | $2088.31 | -3.28% | $83,031 | N/A |
Listed by: Misty Allred • M J Properties Inc.
Mls Name: NTREIS
Mls ID: #20912380
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.
