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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 516 Quail Meadows Dr, Cleburne, TX, 76031 priced at $255,490 pairs $2,400/mo rent with $544/mo cash flow after a $1,251/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $6,524/yr on $84,695 invested. Return on cash invested is 27.61% in year one, and rental yield stands at 11.27% on a $255,490 basis. Equity gained on principal adds $1,649/yr, and 5% annual appreciation accumulates to $70,587 by year five. Five-year ROI measures 145.57% and total cumulative return in cash reaches $123,294. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
8,463 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Price change | $255,490 |
| 2024-09-30 | Listed for sale | $262,490 |
| 2024-09-21 | Listing removed | $262,490 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rocio Contreras • Jason Mitchell Real Estate
Mls Name: NTREIS
Mls ID: #20687131
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.
