Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Hillsboro at 409 Craig St, Hillsboro, TX, 76645 priced at $185,000 converts $2,390/mo rent into $1,075/mo cash flow after a $905/mo obligation. Total monthly income equals $2,390/mo, and annual cash flow totals $12,899/yr on $61,328 invested. Return on cash invested prints 40.94% in year one, and rental yield reads 15.5% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 216.85% and total cumulative return in cash sums $132,987. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,390/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1922
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76645, Hillsboro, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,873 (58.4%) |
| Renter Occupied HU | 1,461 (29.7%) |
| Vacant Housing Units | 583 (11.9%) |
| Median Home Value | $200,509 |
| Average Home Value | $251,751 |
Residential
4,447
Single Family
3,965
Multi-Family
482
Businesses
599
Date | Event | Price |
|---|---|---|
| 2024-08-31 | Listed for sale | $185,000 |
| 2019-06-28 | Sold | N/A |
| 2019-06-12 | Pending sale | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-02 | $397.18 | N/A | $104,552 | 10.00% |
| 2022-09-02 | $397.18 | N/A | $95,047 | 10.00% |
| 2021-09-02 | $397.18 | N/A | $86,406 | -13.02% |
Listed by: Lacey Whitehouse • JULIE SIDDONS REALTORS, LLC
Mls Name: NTREIS
Mls ID: #20717850
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.
