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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 Saginaw at 509 Bailey St, Saginaw, TX, 76179 with 5% annual appreciation on a $299,900 basis while $3,802/mo rent supports operations. Total monthly income totals $3,802/mo and a $1,468/mo payment preserves $1,514/mo for cash returns. Annual cash flow comes to $18,165/yr on $99,417 deployed, and return on cash invested reaches 38.18% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 15.21%. Five-year ROI measures 202.71% and total cumulative return in cash totals $201,532.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,802/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76179, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,691 (100%) |
| Owner Occupied HU | 22,929 (79.9%) |
| Renter Occupied HU | 4,858 (16.9%) |
| Vacant Housing Units | 904 ( 3.2%) |
| Median Home Value | $355,811 |
| Average Home Value | $415,903 |
Residential
27,373
Single Family
25,754
Multi-Family
1,619
Businesses
1,077
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Listed for sale | $299,900 |
| 2024-07-23 | Listing removed | N/A |
| 2024-07-18 | Price change | $2,150 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $6843.16 | -2.20% | $304,527 | 9.72% |
| 2022-08-15 | $6997.41 | 51.69% | $277,538 | 51.66% |
| 2021-08-15 | $4612.86 | -1.02% | $183,005 | N/A |
Listed by: Stephen Collins • Open Exchange Brokerage LLC
Mls Name: NTREIS
Mls ID: #20690878
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.
