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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 Stephenville at 385 E Elm St, Stephenville, TX, 76401 with 5% annual appreciation on a $1,980,000 basis while $2,282/mo rent supports operations. 7% in year one. Equity gained on principal adds $12,777/yr, and five-year appreciation sums $547,037 alongside rental yield of 1.38%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,282/mo property income versus a $9,691/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2015
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
Date | Event | Price |
|---|---|---|
| 2024-11-13 | Listed for sale | $1,980,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $891,230 | 2.56% |
| 2023-02-13 | $15398.34 | -9.70% | $868,950 | N/A |
| 2022-02-13 | $17052.27 | 28.96% | $868,950 | 36.57% |
Listed by: Eric Hayden • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20773140
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.
