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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 Cleburne at 423 Marengo St, Cleburne, TX, 76033 generates $2,220/mo in rent and, after a $1,175/mo payment, leaves $513/mo in cash flow. Total monthly income is $2,220/mo, and annual cash flow is $6,156/yr on $79,560 invested. Return on cash invested sits at 27.65% in year one, and rental yield is 11.1% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 145.54% and total cumulative return in cash sums $115,790. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,086 (58.5%) |
| Renter Occupied HU | 4,001 (33.0%) |
| Vacant Housing Units | 1,028 ( 8.5%) |
| Median Home Value | $259,771 |
| Average Home Value | $310,697 |
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Date | Event | Price |
|---|---|---|
| 2025-06-01 | Price change | $240,000 |
| 2025-05-10 | Price change | $253,000 |
| 2025-04-15 | Price change | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | N/A | N/A | $236,762 | N/A |
| 2023-07-01 | $3665.33 | 4.13% | $236,762 | 68.34% |
| 2022-07-01 | $3519.79 | 650.14% | $140,644 | 41.98% |
Listed by: Michelle Lin • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20865693
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.
