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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 Wortham at 416 W Main St, Wortham, TX, 76693 listed at $209,900 pairs $1,492/mo rent with a $1,027/mo payment. Total monthly income runs $1,492/mo. Return on cash invested measures 19.9% in year one, and rental yield registers 8.53% at a $209,900 basis. Equity gained on principal adds $1,354/yr, and annual property appreciation at 5% supports $57,992 by year five. Five-year ROI tracks 104.02% and total cumulative return in cash totals $72,380. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,492/mo property income relative to a $1,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76693, Wortham, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 559 (61.1%) |
| Renter Occupied HU | 211 (23.1%) |
| Vacant Housing Units | 145 (15.8%) |
| Median Home Value | $200,610 |
| Average Home Value | $256,328 |
Residential
700
Single Family
700
Multi-Family
0
Businesses
50
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Price change | $209,900 |
| 2024-10-27 | Listed for sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-18 | $798.18 | 8.88% | $61,612 | -12.11% |
| 2023-07-18 | $733.06 | -17.71% | $70,102 | -62.50% |
| 2022-07-18 | $890.87 | 0.02% | $186,945 | 24.02% |
Listed by: Mitzi Eves • Heritage Real Estate LLC
Mls Name: NTREIS
Mls ID: #21000412
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.
