513 White Oak LnBurlesonTX76028
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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 Burleson at 513 White Oak Ln, Burleson, TX, 76028 priced at $265,000 converts $2,249/mo rent into $188/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,249/mo, and annual cash flow totals $2,255/yr on $87,848 invested. Return on cash invested prints 22.48% in year one, and rental yield reads 10.18% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 118.7% and total cumulative return in cash sums $104,271. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,249/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1983
10,367 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Housing Distribution
Address Breakdown
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
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Listed by: Dale Erwin • Dale Erwin & Associates
Mls Name: NTREIS
Mls ID: #20803058
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.