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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 Eastland at 505 S Mulberry St, Eastland, TX, 76448 offers a 9.55% rental yield on a $143,000 purchase with $1,138/mo rent. Total monthly income registers $1,138/mo, and a $700/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,452/yr on $47,405 to close, and return on cash invested stands at 22.97% in year one. Equity gained on principal adds $923/yr while 5% annual appreciation supports $39,508 over five years. Portfolio math shows five-year ROI at 120.61% and total cumulative return in cash at $57,172. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,138/mo property income against a $700/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76448, Eastland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,101 (100%) |
| Owner Occupied HU | 1,776 (57.3%) |
| Renter Occupied HU | 655 (21.1%) |
| Vacant Housing Units | 670 (21.6%) |
| Median Home Value | $203,516 |
| Average Home Value | $262,323 |
Residential
2,528
Single Family
2,241
Multi-Family
287
Businesses
387
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: Sandra Thomas • EXP Realty, LLC
Mls Name: NTREIS
Mls ID: #20683057
