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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 Argyle at 590 Sheldon Rd, Argyle, TX, 76226 offers $3,228/mo rent that, after a $1,924/mo payment, leaves $121/mo cash flow. Total monthly income is $3,228/mo, and annual cash flow is $1,448/yr on $130,280 cash. Return on cash invested measures 21.02% in year one, and rental yield stands at 9.86% at a $393,000 entry. Equity gained on principal adds $2,536/yr while 5% annual appreciation compounds into $108,579 by year five. Five-year ROI records 111.06% and total cumulative return in cash reaches $144,686. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,228/mo property income versus a $1,924/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
4,922 sqft lot
$N/A/sqft
$134 monthly HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| 2025-08-14 | Listed for sale | $393,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-14 | $8663.22 | 6.22% | $400,508 | 0.13% |
| 2023-08-14 | $8155.94 | 5.98% | $400,000 | 19.74% |
| 2022-08-14 | $7696.03 | 15.53% | $334,052 | 19.97% |
Listed by: Ryan Storch • Magnolia Realty Grapevine
Mls Name: NTREIS
Mls ID: #21019367
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.
