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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 Somerset at 38 N 3rd St, Somerset, TX, 78069 at $269,000 posts ROI 13.14% with from $1,410/mo rent. Total monthly income equals $1,410/mo. Return on cash invested measures 13.14% and rental yield reads 6.29% at the current $269,000. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 by year five. Five-year ROI prints 67.73% and total cumulative return in cash totals $60,395. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,410/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78069, Somerset, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,293 (100%) |
| Owner Occupied HU | 1,639 (71.5%) |
| Renter Occupied HU | 435 (19.0%) |
| Vacant Housing Units | 219 ( 9.6%) |
| Median Home Value | $236,801 |
| Average Home Value | $263,127 |
Residential
1,702
Single Family
1,702
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2024-09-11 | Listed for sale | $269,000 |
| 2024-02-23 | Listing removed | N/A |
| 2023-10-20 | Pending sale | $397,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $244,290 | 13.28% |
| 2023-12-27 | $1051.90 | 23.79% | $215,650 | 32.71% |
| 2022-12-27 | $849.76 | -3.82% | $162,500 | 12.85% |
Listed by: Michael Flores • Home Team of America
Mls Name: SABOR
Mls Provider:
Mls ID: #1808043
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.
