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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 Burleson at 404 Richard St, Burleson, TX, 76028 generates $3,653/mo in rent, after a $2,736/mo payment. Total monthly income is $3,653/mo. Return on cash invested sits at 17.69% in year one, and rental yield is 7.84% on a $559,000 entry. Equity gained on principal adds $3,607/yr, while 5% annual appreciation builds toward $154,441 over five years. Five-year ROI reaches 92.22% and total cumulative return in cash sums $169,611. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,653/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
8,145 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $559,000 |
| 2025-02-14 | Listing removed | $559,000 |
| 2025-02-13 | Listed for sale | $559,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-13 | N/A | N/A | $435,690 | 1.25% |
| 2023-03-13 | $8492.49 | -7.57% | $430,310 | 10.00% |
| 2022-03-13 | $9188.52 | -4.18% | $391,191 | N/A |
Listed by: Renee Wells • Texas Legacy Realty
Mls Name: NTREIS
Mls ID: #20867735
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.
