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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 Red Oak at 414 Butterfly Ln, Red Oak, TX, 75154 offers $2,345/mo rent that, after a $1,468/mo payment, leaves $193/mo cash flow. Total monthly income is $2,345/mo, and annual cash flow is $2,319/yr on $99,417 cash. Return on cash invested measures 22.24% in year one, and rental yield stands at 9.38% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 116.68% and total cumulative return in cash reaches $115,996. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,345/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 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 |
|---|---|---|
| 2025-06-12 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-12 | $5207.60 | 3.51% | $251,068 | 3.55% |
| 2023-06-12 | $5030.86 | 11.42% | $242,449 | 22.66% |
| 2022-06-12 | $4515.35 | N/A | $197,666 | 14.90% |
Listed by: Ca Ce Brewster • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20965586
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.
