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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 Eastland at 412 S Walnut St, Eastland, TX, 76448 offers $1,775/mo rent that, after a $1,468/mo payment. Total monthly income is $1,775/mo. Return on cash invested measures 15.59% in year one, and rental yield stands at 7.1% at a $299,999 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 80.87% and total cumulative return in cash reaches $80,424. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,775/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76448, Eastland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,101 (100%) |
| Owner Occupied HU | 1,776 (57.3%) |
| Renter Occupied HU | 655 (21.1%) |
| Vacant Housing Units | 670 (21.6%) |
| Median Home Value | $203,516 |
| Average Home Value | $262,323 |
Residential
2,528
Single Family
2,241
Multi-Family
287
Businesses
387
Date | Event | Price |
|---|---|---|
| 2024-11-10 | Listed for sale | $299,999 |
| 2019-03-01 | Listing removed | $169,500 |
| 2019-02-11 | Pending sale | $169,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-20 | N/A | N/A | $279,590 | 1.93% |
| 2023-11-20 | N/A | N/A | $274,290 | -0.82% |
| 2022-11-20 | N/A | N/A | $276,570 | 33.06% |
Listed by: Kari Johnson • Longhorn Ranch Properties
Mls Name: NTREIS
Mls ID: #20774875
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.
