508 Bales StCleburneTX76033
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
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 |
Housing Distribution
Address Breakdown
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices