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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 Red Oak at 505 Cypress Ct, Red Oak, TX, 75154 generates $3,912/mo in rent and, after a $1,410/mo payment, leaves $1,864/mo in cash flow. Total monthly income is $3,912/mo, and annual cash flow is $22,363/yr on $95,472 invested. Return on cash invested sits at 43.33% in year one, and rental yield is 16.3% on a $288,000 entry. Equity gained on principal adds $1,858/yr, while 5% annual appreciation builds toward $79,569 over five years. Five-year ROI reaches 229.68% and total cumulative return in cash sums $219,276. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,912/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Price change | $288,000 |
| 2024-07-15 | Price change | $290,000 |
| 2024-07-09 | Price change | $291,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $3928.60 | -13.09% | $243,295 | 10.00% |
| 2022-08-14 | $4520.55 | N/A | $221,177 | 10.00% |
| 2021-08-14 | N/A | N/A | $201,070 | -1.61% |
Listed by: Deanne Fite • CENTURY 21 Judge Fite Company
Mls Name: NTREIS
Mls ID: #20622716
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.
