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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 Elm Mott at 386 W Main St, Elm Mott, TX, 76640 priced at $374,900 pairs $2,220/mo rent with after a $1,835/mo payment. Total monthly income equals $2,220/mo. Return on cash invested is 15.6% in year one, and rental yield stands at 7.11% on a $374,900 basis. Equity gained on principal adds $2,419/yr, and 5% annual appreciation accumulates to $103,578 by year five. Five-year ROI measures 80.95% and total cumulative return in cash reaches $100,603. For financing, Ziffy Mortgage’s DSCR program evaluates $2,220/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
1.68 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 |
|---|---|---|
| 2025-05-23 | Listed for sale | $374,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Casey Turnmire • Bentwood Realty
Mls Name: NTREIS
Mls ID: #20945532
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.
