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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% |
Investment property for sale in Richland Springs at 405 N Elm, Richland Springs, TX, 76871 offers a 7.87% rental yield on a $239,000 purchase with $1,568/mo rent. 91% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 93.39% and total cumulative return in cash at $73,992. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,568/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76871, Richland Springs, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 436 (100%) |
| Owner Occupied HU | 251 (57.6%) |
| Renter Occupied HU | 42 ( 9.6%) |
| Vacant Housing Units | 143 (32.8%) |
| Median Home Value | $240,972 |
| Average Home Value | $547,231 |
Residential
310
Single Family
310
Multi-Family
0
Businesses
29
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: Deborah Peck • Landmasters Real Estate
Mls Name: HLMLS
Mls ID: #170509
