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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% |
Total monthly income runs $2,902/mo, and a $8,198/mo payment. Purchase price stands at $1,675,000, and rental yield measures 2.08% with $2,902/mo rent. Return on cash invested shows 0.45% in year one, and 5% annual appreciation builds toward $462,772 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,902/mo property income covering a $8,198/mo payment rather than investor’s personal income.
Multi Family
Built in 1983
27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76041, Forreston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 175 (100%) |
| Owner Occupied HU | 125 (71.4%) |
| Renter Occupied HU | 28 (16.0%) |
| Vacant Housing Units | 22 (12.6%) |
| Median Home Value | $279,688 |
| Average Home Value | $354,720 |
Residential
83
Single Family
83
Multi-Family
0
Businesses
10
Date | Event | Price |
|---|---|---|
| 2023-11-22 | Listed for sale | $1,675,000 |
| 2013-06-23 | Listing removed | $235,000 |
| 2013-02-21 | Price change | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $5746.26 | 16.49% | $382,775 | 14.80% |
| 2022-08-13 | $4932.97 | N/A | $333,429 | -6.08% |
| 2021-08-13 | N/A | N/A | $355,000 | -4.14% |
Listed by: Floyd Bates • Bates & Myers Company
Mls Name: NTREIS
Mls ID: #20481953
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.
