








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 Roanoke at 3940 Hollow Lake Rd, Roanoke, TX, 76262 generates $3,296/mo in rent and, after a $1,933/mo payment, leaves $487/mo in cash flow. Total monthly income is $3,296/mo, and annual cash flow is $5,849/yr on $130,943 invested. Return on cash invested sits at 24.38% in year one, and rental yield is 10.01% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 128.01% and total cumulative return in cash sums $167,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,296/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
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: Charles Brown • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #21098679