








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 Caldwell at 402 W Mustang St, Caldwell, TX, 77836 priced at $258,500 converts $3,700/mo rent into $1,862/mo cash flow after a $1,265/mo obligation. Total monthly income equals $3,700/mo, and annual cash flow totals $22,344/yr on $85,693 invested. Return on cash invested prints 45.98% in year one, and rental yield reads 17.18% against a $258,500 entry. Equity gained on principal adds $1,668/yr, while 5% annual appreciation compiles into $71,419 by year five. Five-year ROI reaches 243.86% and total cumulative return in cash sums $208,971. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,700/mo property income covering a $1,265/mo payment, not borrower’s personal income.
Single Family
Built in 1958
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77836, Caldwell, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,448 (100%) |
| Owner Occupied HU | 4,176 (64.8%) |
| Renter Occupied HU | 1,058 (16.4%) |
| Vacant Housing Units | 1,214 (18.8%) |
| Median Home Value | $229,911 |
| Average Home Value | $275,725 |
Residential
5,115
Single Family
5,083
Multi-Family
32
Businesses
466
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Listed for sale | $258,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | N/A | N/A | $146,215 | 10.00% |
| 2022-08-13 | N/A | N/A | $132,923 | 6.22% |
| 2021-08-13 | N/A | N/A | $125,139 | 7.97% |



Listed by: Melinda Scott • Home & Ranch Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #14662918
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