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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 Damon at 5903 Parr Ct, Damon, TX, 77430 priced at $142,000 converts $2,165/mo rent into $1,155/mo cash flow after a $695/mo obligation. Total monthly income equals $2,165/mo, and annual cash flow totals $13,863/yr on $47,073 invested. Return on cash invested prints 49.36% in year one, and rental yield reads 18.3% against a $142,000 entry. Equity gained on principal adds $916/yr, while 5% annual appreciation compiles into $39,232 by year five. Five-year ROI reaches 262.04% and total cumulative return in cash sums $123,350. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,165/mo property income covering a $695/mo payment, not borrower’s personal income.
Manufactured
Built in 1985
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77430, Damon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,030 (100%) |
| Owner Occupied HU | 704 (68.3%) |
| Renter Occupied HU | 107 (10.4%) |
| Vacant Housing Units | 219 (21.3%) |
| Median Home Value | $423,077 |
| Average Home Value | $443,864 |
Residential
729
Single Family
729
Multi-Family
0
Businesses
27
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $142,000 |
| 2025-04-07 | Listing removed | $150,000 |
| 2025-01-13 | Pending sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $863.25 | 10.93% | $44,583 | 11.71% |
| 2023-04-08 | $778.18 | -0.57% | $39,910 | N/A |
| 2022-04-08 | $782.65 | 79.26% | $39,910 | 73.30% |
Listed by: Ozzie Ramirez • AEA Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #66195905
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