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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 Aledo at 405 E Oak St, Aledo, TX, 76008 priced at $299,000 converts $2,296/mo rent into $170/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,296/mo, and annual cash flow totals $2,043/yr on $99,119 invested. Return on cash invested prints 21.97% in year one, and rental yield reads 9.21% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 115.14% and total cumulative return in cash sums $114,130. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,296/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1978
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $299,000 |
| 2018-08-13 | Listing removed | $1,495 |
| 2018-08-12 | Listed for rent | $1,495 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $3355.10 | -26.48% | $273,900 | 43.51% |
| 2022-10-15 | $4563.28 | 0.60% | $190,860 | N/A |
| 2021-10-15 | $4536.14 | 17.20% | $190,860 | 13.33% |
Listed by: Jeffrey Anderson • Garner Realty Group
Mls Name: NTREIS
Mls ID: #20725560
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.
