402 Myers AveCleburneTX76033
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cleburne at 402 Myers Ave, Cleburne, TX, 76033 earns $209/mo cash flow from $1,980/mo rent with a $1,219/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $2,509/yr on $82,544 capital. ROI tracks 22.95% on current figures, and rental yield reads 9.54% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 120.4% and total cumulative return in cash sums $99,380. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Single Family
Built in 1960
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,086 (58.5%) |
| Renter Occupied HU | 4,001 (33.0%) |
| Vacant Housing Units | 1,028 ( 8.5%) |
| Median Home Value | $259,771 |
| Average Home Value | $310,697 |
Housing Distribution
Address Breakdown
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Miranda Baligad • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20911932
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.