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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Weimar at 413 E Church St, Weimar, TX, 78962 offers $6,820/mo rent that, after a $2,198/mo payment, leaves $3,627/mo cash flow. Total monthly income is $6,820/mo, and annual cash flow is $43,521/yr on $148,844 cash. Return on cash invested measures 49.15% in year one, and rental yield stands at 18.23% at a $449,000 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,050 by year five. Five-year ROI records 260.85% and total cumulative return in cash reaches $388,252. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,820/mo property income versus a $2,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78962, Weimar, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,496 (100%) |
| Owner Occupied HU | 1,629 (65.3%) |
| Renter Occupied HU | 325 (13.0%) |
| Vacant Housing Units | 542 (21.7%) |
| Median Home Value | $298,242 |
| Average Home Value | $479,954 |
Residential
2,104
Single Family
2,062
Multi-Family
42
Businesses
229
Date | Event | Price |
|---|---|---|
| 2024-06-11 | Listed for sale | $449,000 |
| 2023-01-17 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $215.72 | -14.80% | $13,200 | N/A |
| 2022-08-14 | $253.19 | -2.07% | $13,200 | N/A |
| 2021-08-14 | $258.55 | N/A | $13,200 | 266.67% |
No similar rental properties found nearby.
Listed by: Heidi May • Leyco Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #79998124
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.
