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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 Tolar at 600 Glenn Cemetery Rd, Tolar, TX, 76476 offers $2,694/mo rent that, after a $3,172/mo payment. Total monthly income is $2,694/mo. Return on cash invested measures 9.28% in year one, and rental yield stands at 4.99% at a $648,000 entry. Equity gained on principal adds $4,181/yr while 5% annual appreciation compounds into $179,030 by year five. Five-year ROI records 47.06% and total cumulative return in cash reaches $100,318. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,694/mo property income versus a $3,172/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76476, Tolar, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 940 (69.4%) |
| Renter Occupied HU | 254 (18.7%) |
| Vacant Housing Units | 161 (11.9%) |
| Median Home Value | $330,435 |
| Average Home Value | $350,457 |
Residential
1,198
Single Family
1,197
Multi-Family
1
Businesses
89
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: Pam Knieper • Knieper Realty, Inc.
Mls Name: NTREIS
Mls ID: #21084060
