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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 Cleburne at 407 Poindexter Ave, Cleburne, TX, 76033 offers $2,390/mo rent that, after a $1,297/mo payment, leaves $506/mo cash flow. Total monthly income is $2,390/mo, and annual cash flow is $6,067/yr on $87,847 cash. Return on cash invested measures 26.82% in year one, and rental yield stands at 10.82% at a $264,999 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,214 by year five. Five-year ROI records 141.11% and total cumulative return in cash reaches $123,963. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,390/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,086 (58.5%) |
| Renter Occupied HU | 4,001 (33.0%) |
| Vacant Housing Units | 1,028 ( 8.5%) |
| Median Home Value | $259,771 |
| Average Home Value | $310,697 |
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Listed for sale | $264,999 |
| 2018-08-28 | Sold | N/A |
| 2018-08-07 | Pending sale | $99,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2904.61 | -11.08% | $130,529 | N/A |
| 2022-08-30 | $3266.64 | -4.08% | $130,529 | N/A |
| 2021-08-30 | $3405.62 | 76.13% | $130,529 | 30.60% |
Listed by: Heather Clay • Signature Real Estate Group
Mls Name: NTREIS
Mls ID: #20713191
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.
