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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 Italy at 508 Poplar St, Italy, TX, 76651 offers $2,369/mo rent that, after a $1,297/mo payment, leaves $485/mo cash flow. Total monthly income is $2,369/mo, and annual cash flow is $5,815/yr on $87,848 cash. Return on cash invested measures 26.53% in year one, and rental yield stands at 10.73% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 139.57% and total cumulative return in cash reaches $122,607. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,369/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76651, Italy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 843 (64.8%) |
| Renter Occupied HU | 359 (27.6%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $294,492 |
| Average Home Value | $395,569 |
Residential
1,103
Single Family
1,103
Multi-Family
0
Businesses
78
Date | Event | Price |
|---|---|---|
| 2025-01-20 | Price change | $265,000 |
| 2024-12-19 | Listed for sale | $270,000 |
| 2011-11-09 | Listing removed | $74,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $141,916 | -7.71% |
| 2023-02-13 | $3051.79 | 7.69% | $153,771 | 21.24% |
| 2022-02-13 | $2833.83 | N/A | $126,836 | 37.00% |
Listed by: Genesis Carrasco • Pioneer 1 Realty
Mls Name: NTREIS
Mls ID: #20800119
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.
