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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 Itasca at 5899 Fm 67, Itasca, TX, 76055 offers a 13.22% rental yield on a $315,000 purchase with $3,470/mo rent. Total monthly income registers $3,470/mo, and a $1,542/mo payment leaves $1,230/mo available for distribution. Annual cash flow reaches $14,757/yr on $104,423 to close, and return on cash invested stands at 34.04% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 179.83% and total cumulative return in cash at $187,781. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,470/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
1.86 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 809 (65.8%) |
| Renter Occupied HU | 250 (20.3%) |
| Vacant Housing Units | 171 (13.9%) |
| Median Home Value | $197,877 |
| Average Home Value | $264,509 |
Residential
1,166
Single Family
1,166
Multi-Family
0
Businesses
67
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $904.00 | 3.05% | $159,090 | 9.39% |
| 2022-08-30 | $877.23 | -0.90% | $145,430 | 7.31% |
| 2021-08-30 | $885.24 | -6.75% | $135,520 | -2.89% |
Listed by: Katy Nolen • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #20713932
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.
