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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 Somerset at 57 W Bob White Dr, Somerset, TX, 78069 priced at $285,000 converts $1,142/mo rent into after a $1,395/mo obligation. Total monthly income equals $1,142/mo. Return on cash invested prints 8.67% in year one, and rental yield reads 4.81% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 43.81% and total cumulative return in cash sums $41,394. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,142/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78069, Somerset, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,293 (100%) |
| Owner Occupied HU | 1,639 (71.5%) |
| Renter Occupied HU | 435 (19.0%) |
| Vacant Housing Units | 219 ( 9.6%) |
| Median Home Value | $236,801 |
| Average Home Value | $263,127 |
Residential
1,702
Single Family
1,702
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $1400.39 | -16.33% | $78,800 | -21.57% |
| 2023-05-30 | $1673.80 | 50.13% | $100,470 | 70.00% |
| 2022-05-30 | $1114.93 | N/A | $59,100 | N/A |
Listed by: Marissa Montemayor • JB Goodwin, REALTORS
Mls Name: SABOR
Mls Provider:
Mls ID: #1871218
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.
