








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 Red Oak at 356 Cascade Dr, Red Oak, TX, 75154 offers $3,300/mo rent that, after a $1,713/mo payment, leaves $811/mo cash flow. Total monthly income is $3,300/mo, and annual cash flow is $9,734/yr on $116,025 cash. Return on cash invested measures 28.3% in year one, and rental yield stands at 11.31% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 149.07% and total cumulative return in cash reaches $172,958. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,300/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
10,149 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
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: Darren Snow • Orchard Brokerage
Mls Name: NTREIS
Mls ID: #21069849