Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Morgans Pt Resort at 5 Spruce Dr, Morgans Pt Resort, TX, 76513 priced at $225,000 pairs $1,956/mo rent with $356/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,956/mo, and annual cash flow comes to $4,275/yr on $74,588 invested. Return on cash invested is 25.64% in year one, and rental yield stands at 10.43% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 134.83% and total cumulative return in cash reaches $100,569. For financing, Ziffy Mortgage’s DSCR program evaluates $1,956/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76513, Belton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,497 (100%) |
| Owner Occupied HU | 12,076 (65.3%) |
| Renter Occupied HU | 5,158 (27.9%) |
| Vacant Housing Units | 1,263 ( 6.8%) |
| Median Home Value | $336,211 |
| Average Home Value | $377,275 |
Residential
18,034
Single Family
15,946
Multi-Family
2,088
Businesses
1,278
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sonya White • Covington Real Estate, Inc.
Mls Name: Central Texas MLS
Mls ID: #591101
