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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 Cleburne at 3705 Northcrest Dr, Cleburne, TX, 76031 priced at $1,250,000 converts $5,045/mo rent into after a $6,118/mo obligation. Total monthly income equals $5,045/mo. Return on cash invested prints 8.98% in year one, and rental yield reads 4.84% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 45.38% and total cumulative return in cash sums $183,805. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,045/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1983
9 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
Date | Event | Price |
|---|---|---|
| 2021-12-06 | Price change | $1,250,000 |
| 2021-07-19 | Price change | $1,400,000 |
| 2021-01-14 | Listed for sale | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $811,568 | 10.00% |
| 2023-02-12 | $7184.05 | -29.60% | $737,789 | 10.00% |
| 2022-02-12 | $10204.40 | 0.93% | $670,717 | 10.00% |
Listed by: Karan Wethington • Wethington Agency
Mls Name: NTREIS
Mls ID: #20731500
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.
