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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 Red Oak at 411 Bluebonnet Ln, Red Oak, TX, 75154 offers a 9.33% rental yield on a $324,000 purchase with $2,520/mo rent. Total monthly income registers $2,520/mo, and a $1,586/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,590/yr on $107,406 to close, and return on cash invested stands at 22.32% in year one. Equity gained on principal adds $2,091/yr while 5% annual appreciation supports $89,515 over five years. Portfolio math shows five-year ROI at 116.98% and total cumulative return in cash at $125,639. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $1,586/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Price change | $324,000 |
| 2024-08-23 | Listed for sale | $334,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2432.21 | -19.54% | $171,180 | 10.00% |
| 2022-08-30 | $3022.95 | N/A | $155,618 | -10.52% |
| 2021-08-30 | N/A | N/A | $173,920 | 35.23% |
Listed by: Kimberly Capps • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20708989
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.
