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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 Strawn at 408 E Housley St, Strawn, TX, 76475 priced at $199,000 pairs $1,511/mo rent with $96/mo cash flow after a $974/mo payment. Total monthly income equals $1,511/mo, and annual cash flow comes to $1,151/yr on $65,969 invested. Return on cash invested is 21.65% in year one, and rental yield stands at 9.11% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 113.41% and total cumulative return in cash reaches $74,814. For financing, Ziffy Mortgage’s DSCR program evaluates $1,511/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1908
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76475, Strawn, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 861 (100%) |
| Owner Occupied HU | 305 (35.4%) |
| Renter Occupied HU | 98 (11.4%) |
| Vacant Housing Units | 458 (53.2%) |
| Median Home Value | $148,958 |
| Average Home Value | $259,541 |
Residential
233
Single Family
233
Multi-Family
0
Businesses
52
Date | Event | Price |
|---|---|---|
| 2024-12-17 | Listed for sale | $199,000 |
| 2024-06-25 | Listing removed | $195,000 |
| 2024-03-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | $2041.72 | -23.76% | $173,950 | 2.73% |
| 2023-02-11 | $2678.09 | 162.70% | $169,330 | 209.34% |
| 2022-02-11 | $1019.44 | 54.51% | $54,740 | 75.39% |
Listed by: Tia Parker • Regal, REALTORS
Mls Name: NTREIS
Mls ID: #20795806
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.
