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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 Euless at 506 E Alexander Ln, Euless, TX, 76040 with 5% annual appreciation on a $355,000 basis while $3,146/mo rent supports operations. Total monthly income totals $3,146/mo and a $1,738/mo payment preserves $602/mo for cash returns. Annual cash flow comes to $7,229/yr on $117,683 deployed, and return on cash invested reaches 26.05% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,080 alongside rental yield of 10.63%. Five-year ROI measures 137.08% and total cumulative return in cash totals $161,316.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,146/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76040, Euless, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,026 (100%) |
| Owner Occupied HU | 5,856 (41.8%) |
| Renter Occupied HU | 7,498 (53.5%) |
| Vacant Housing Units | 672 ( 4.8%) |
| Median Home Value | $351,081 |
| Average Home Value | $369,219 |
Residential
13,051
Single Family
8,310
Multi-Family
4,741
Businesses
813
Date | Event | Price |
|---|---|---|
| 2025-06-11 | Listed for sale | $355,000 |
| 2023-10-07 | Listing removed | N/A |
| 2023-09-27 | Price change | $2,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-11 | $6115.24 | 9.01% | $322,215 | 7.97% |
| 2023-06-11 | $5609.91 | 85.88% | $298,436 | 17.33% |
| 2022-06-11 | $3018.06 | 2.13% | $254,359 | 63.57% |
Listed by: Ty Lee • Ty Lee
Mls Name: NTREIS
Mls ID: #20967116
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.
