Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Elm Mott at 380 Oakgrove Cir, Elm Mott, TX, 76640 offers a 9.37% rental yield on a $165,000 purchase with $1,288/mo rent. Total monthly income registers $1,288/mo, and a $808/mo payment leaves $114/mo available for distribution. Annual cash flow reaches $1,371/yr on $54,698 to close, and return on cash invested stands at 22.42% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 117.57% and total cumulative return in cash at $64,307. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,288/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76640, Elm Mott, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 984 (73.8%) |
| Renter Occupied HU | 241 (18.1%) |
| Vacant Housing Units | 108 ( 8.1%) |
| Median Home Value | $293,684 |
| Average Home Value | $314,433 |
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
188
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: Gaye Lynn Rast • Kelly, Realtors
Mls Name: NTREIS
Mls ID: #20978896
