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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 Burleson at 524 Joe St, Burleson, TX, 76028 with 5% annual appreciation on a $437,650 basis while $3,185/mo rent supports operations. Total monthly income totals $3,185/mo and a $2,142/mo payment preserves $31/mo for cash returns. Annual cash flow comes to $374/yr on $145,081 deployed, and return on cash invested reaches 20.17% in year one. Equity gained on principal adds $2,824/yr, and five-year appreciation sums $120,915 alongside rental yield of 8.73%. Five-year ROI measures 105.58% and total cumulative return in cash totals $153,172.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,185/mo property income versus a $2,142/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.17 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| 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 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2024-12-31 | Price change | $2,600 |
| 2024-12-20 | Listed for sale | $437,650 |
| 2024-11-20 | Listing removed | $437,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $427,936 | 33.96% |
| 2023-02-12 | $6745.73 | 416.13% | $319,452 | 964.84% |
| 2022-02-12 | $1306.98 | N/A | $30,000 | N/A |
Listed by: Ashlea Stanton • Seven6 Realty-The Marshall Group
Mls Name: NTREIS
Mls ID: #20800455
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.
