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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% |
Investment property for sale in Damon at 3611 Cedar St, Damon, TX, 77430 listed at $238,000 pairs $1,589/mo rent with a $1,165/mo payment. Total monthly income runs $1,589/mo. Return on cash invested measures 18.33% in year one, and rental yield registers 8.01% at a $238,000 basis. Equity gained on principal adds $1,536/yr, and annual property appreciation at 5% supports $65,755 by year five. Five-year ROI tracks 95.64% and total cumulative return in cash totals $75,454. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,589/mo property income relative to a $1,165/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
10,123 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77430, Damon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,030 (100%) |
| Owner Occupied HU | 704 (68.3%) |
| Renter Occupied HU | 107 (10.4%) |
| Vacant Housing Units | 219 (21.3%) |
| Median Home Value | $423,077 |
| Average Home Value | $443,864 |
Residential
729
Single Family
729
Multi-Family
0
Businesses
27
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: Joshua Edwards • Cornerstone, Realtors
Mls Name: HAR
Mls ID: #75139541
