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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 Itasca at 406 E Adams St, Itasca, TX, 76055 at $130,000 posts ROI 37.61% with $636/mo cash flow from $1,560/mo rent. Total monthly income equals $1,560/mo, and annual cash flow records $7,630/yr on $43,095 to close. Return on cash invested measures 37.61% and rental yield reads 14.4% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 199.02% and total cumulative return in cash totals $85,767.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,560/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 809 (65.8%) |
| Renter Occupied HU | 250 (20.3%) |
| Vacant Housing Units | 171 (13.9%) |
| Median Home Value | $197,877 |
| Average Home Value | $264,509 |
Residential
1,166
Single Family
1,166
Multi-Family
0
Businesses
67
Date | Event | Price |
|---|---|---|
| 2024-06-29 | Listed for sale | $130,000 |
| 2024-06-21 | Contingent | $130,000 |
| 2024-05-28 | Listed for sale | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $152.65 | -0.10% | $67,377 | 10.00% |
| 2022-08-14 | $152.81 | -0.26% | $61,252 | 10.00% |
| 2021-08-14 | $153.21 | 1.40% | $55,684 | 10.00% |
Listed by: Chrisi Degner-Cordell • Lehmann Real Estate
Mls Name: NTREIS
Mls ID: #20628494
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.
