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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 601 Violet Dr, Tolar, TX, 76476 offers $4,174/mo rent that, after a $1,639/mo payment, leaves $1,793/mo cash flow. Total monthly income is $4,174/mo, and annual cash flow is $21,512/yr on $111,015 cash. Return on cash invested measures 39.29% in year one, and rental yield stands at 14.96% at a $334,888 entry. Equity gained on principal adds $2,161/yr while 5% annual appreciation compounds into $92,523 by year five. Five-year ROI records 207.97% and total cumulative return in cash reaches $230,877. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,174/mo property income versus a $1,639/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,141 sqft 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 |
|---|---|---|
| 2024-07-09 | Price change | $334,888 |
| 2024-05-09 | Price change | $337,888 |
| 2024-04-01 | Price change | $339,888 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Becky Gibson • BLVD Group
Mls Name: NTREIS
Mls ID: #20511847
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.
