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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 Stephenville at 510 Summerfield Ln, Stephenville, TX, 76401 offers a 2.17% rental yield on a $1,495,000 purchase with $2,700/mo rent. 72% in year one. Equity gained on principal adds $9,647/yr while 5% annual appreciation supports $413,041 over five years. Portfolio math shows five-year ROI at 1.1% and total cumulative return in cash at $5,317. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $7,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
28.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Listed for sale | $1,495,000 |
| 2022-04-22 | Sold | N/A |
| 2022-04-04 | Pending sale | $1,300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $1,116,870 | 9.35% |
| 2023-12-27 | $6295.60 | 12.89% | $1,021,380 | 7.10% |
| 2022-12-27 | $5576.91 | 3.77% | $953,690 | 35.54% |
Listed by: J J HAMPTON • J.J. HAMPTON REALTY
Mls Name: NTREIS
Mls ID: #20784058
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.
