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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 Cleburne at 509 S Nolan River Rd, Cleburne, TX, 76033 priced at $344,950 converts $2,564/mo rent into $111/mo cash flow after a $1,688/mo obligation. Total monthly income equals $2,564/mo, and annual cash flow totals $1,336/yr on $114,351 invested. Return on cash invested prints 21.08% in year one, and rental yield reads 8.92% against a $344,950 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,303 by year five. Five-year ROI reaches 110.34% and total cumulative return in cash sums $126,180. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,564/mo property income covering a $1,688/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
| 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 |
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gavin Hughes • Coldwell Banker Apex, REALTORS Cleburne
Mls Name: NTREIS
Mls ID: #21079138
