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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 Stephenville at 506 Spring Meadow St, Stephenville, TX, 76401 priced at $325,000 pairs $3,904/mo rent with $1,593/mo cash flow after a $1,591/mo payment. Total monthly income equals $3,904/mo, and annual cash flow comes to $19,111/yr on $107,738 invested. Return on cash invested is 37.65% in year one, and rental yield stands at 14.41% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 199.18% and total cumulative return in cash reaches $214,597. For financing, Ziffy Mortgage’s DSCR program evaluates $3,904/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Listed for sale | $325,000 |
| 2024-07-25 | Contingent | $329,000 |
| 2024-07-21 | Listed for sale | $329,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $4555.80 | 5.23% | $257,090 | 16.53% |
| 2022-08-15 | $4329.45 | 19.51% | $220,620 | 16.85% |
| 2021-08-15 | $3622.59 | 5.75% | $188,810 | 7.73% |
Listed by: Anabel Wright • CLARK REAL ESTATE GROUP
Mls Name: NTREIS
Mls ID: #20679713
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.
