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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 Palo Pinto at 4371 Chesnut Mountain Rd, Palo Pinto, TX, 76484 with 5% annual appreciation on a $560,000 basis while $2,508/mo rent supports operations. 46% in year one. Equity gained on principal adds $3,614/yr, and five-year appreciation sums $154,718 alongside rental yield of 5.37%. Five-year ROI measures 53.35% and total cumulative return in cash totals $98,297. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,508/mo property income versus a $2,741/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
7.19 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76484, Palo Pinto, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 510 (100%) |
| Owner Occupied HU | 298 (58.4%) |
| Renter Occupied HU | 45 ( 8.8%) |
| Vacant Housing Units | 167 (32.7%) |
| Median Home Value | $267,308 |
| Average Home Value | $484,312 |
Residential
348
Single Family
348
Multi-Family
0
Businesses
46
Date | Event | Price |
|---|---|---|
| 2024-07-30 | Price change | $560,000 |
| 2024-07-03 | Listed for sale | $575,000 |
| 2024-05-08 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $1657.99 | -20.82% | $387,030 | 8.03% |
| 2022-10-23 | $2093.82 | -11.34% | $358,270 | 24.05% |
| 2021-10-23 | $2361.76 | 11.47% | $288,800 | 28.32% |
Listed by: Tara Stark • Keller Williams Heritage West
Mls Name: NTREIS
Mls ID: #20664139
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.
