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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 Burleson at 428 Penny Ln, Burleson, TX, 76028 offers a 11.18% rental yield on a $294,999 purchase with $2,749/mo rent. Total monthly income registers $2,749/mo, and a $1,444/mo payment leaves $651/mo available for distribution. Annual cash flow reaches $7,813/yr on $97,792 to close, and return on cash invested stands at 27.9% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 146.95% and total cumulative return in cash at $143,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,749/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
3,876 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $294,999 |
| 2024-09-13 | Listing removed | $294,999 |
| 2024-08-20 | Price change | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | N/A | N/A | $117,882 | 10.00% |
| 2023-10-23 | $1809.26 | -24.36% | $107,165 | N/A |
| 2022-10-23 | $2391.87 | 0.16% | $107,165 | 8.09% |
Listed by: Erica Texada • Brawn Sterling Real Estate
Mls Name: NTREIS
Mls ID: #20679730
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.
