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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 Bastrop at 346 Nene Ln, Bastrop, TX, 78602 priced at $398,000 converts $2,400/mo rent into after a $1,948/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 16% in year one, and rental yield reads 7.24% against a $398,000 entry. Equity gained on principal adds $2,568/yr, while 5% annual appreciation compiles into $109,960 by year five. Five-year ROI reaches 83.07% and total cumulative return in cash sums $109,596. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,948/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,506 (100%) |
| Owner Occupied HU | 11,642 (70.5%) |
| Renter Occupied HU | 3,542 (21.5%) |
| Vacant Housing Units | 1,322 ( 8.0%) |
| Median Home Value | $347,719 |
| Average Home Value | $396,837 |
Residential
14,020
Single Family
13,017
Multi-Family
1,003
Businesses
1,232
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amanda Ruiz • Dreamway Realty
Mls Name: Unlock MLS
Mls ID: #6685309
