508 Bales St, Cleburne, TX, 76033 | $23/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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508 Bales St, Cleburne, TX, 76033 | $23/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Cleburne at 508 Bales St, Cleburne, TX, 76033 offers $1,552/mo rent that, after a $1,052/mo payment, leaves $23/mo cash flow. Total monthly income is $1,552/mo, and annual cash flow is $281/yr on $71,273 cash. Return on cash invested measures 20.3% in year one, and rental yield stands at 8.66% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 106.21% and total cumulative return in cash reaches $75,697. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,552/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

7,056 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in the heart of Cleburne, this beautifully maintained 2-bedroom, 2-bathroom single-family residence offers a perfect blend of comfort, style, and everyday convenience. Within a well-established neighborhood, The home is minutes away from grocery stores, restaurants, and highway. The home opens into a light-filled living area that captures natural light and creates an inviting ambiance. The layout is open and functional, seamlessly connecting the living room to the dining area and kitchen ideal for both everyday living and entertaining. The kitchen offers well-appointed cabinetry, granite countertops, walk in pantry, and space for casual dining. The master bathroom features dual vanities, a walk-in shower, and a walk-in closet providing generous storage. The second bedroom is generously sized and is served by the second full bathroom, ensuring comfortable accommodation for guests, family, or a home-office setup. Additional practical features include a dedicated utility room, gutters, and a backyard shed.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,115 (100%)
Owner Occupied HU	7,086 (58.5%)
Renter Occupied HU	4,001 (33.0%)
Vacant Housing Units	1,028 ( 8.5%)
Median Home Value	$259,771
Average Home Value	$310,697