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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 Godley at 517 Highview Ct, Godley, TX, 76044 generates $2,850/mo in rent and, after a $1,713/mo payment, leaves $341/mo in cash flow. Total monthly income is $2,850/mo, and annual cash flow is $4,094/yr on $116,025 invested. Return on cash invested sits at 23.44% in year one, and rental yield is 9.77% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 123.08% and total cumulative return in cash sums $142,802. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,850/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
9,234 sqft lot
$N/A/sqft
$20 monthly HOA
Neighborhood data shown for ZIP Code: 76044, Godley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,579 (100%) |
| Owner Occupied HU | 2,998 (83.8%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 239 ( 6.7%) |
| Median Home Value | $424,069 |
| Average Home Value | $550,357 |
Residential
3,397
Single Family
3,397
Multi-Family
0
Businesses
190
Date | Event | Price |
|---|---|---|
| 2024-12-24 | Listed for sale | $350,000 |
| 2024-01-18 | Listing removed | N/A |
| 2023-12-14 | Price change | $363,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $363,283 | 808.21% |
| 2023-12-27 | $906.36 | N/A | $40,000 | N/A |
Listed by: Christina Chambliess • x2 Realty Group
Mls Name: NTREIS
Mls ID: #20802532
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.
