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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 Stephenville at 588 S Minter St, Stephenville, TX, 76401 priced at $177,400 converts $1,216/mo rent into after a $868/mo obligation. Total monthly income equals $1,216/mo. Return on cash invested prints 18.99% in year one, and rental yield reads 8.23% against a $177,400 entry. Equity gained on principal adds $1,145/yr, while 5% annual appreciation compiles into $49,012 by year five. Five-year ROI reaches 99.12% and total cumulative return in cash sums $58,288. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,216/mo property income covering a $868/mo payment, not borrower’s personal income.
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mary Hall • SOUTHWEST PROPERTIES
Mls Name: NTREIS
Mls ID: #21045776
