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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 Riesel at 6016 W Lake Creek Rd, Riesel, TX, 76682 generates $1,878/mo in rent, after a $2,447/mo payment. Total monthly income is $1,878/mo. Return on cash invested sits at 7.77% in year one, and rental yield is 4.51% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 38.93% and total cumulative return in cash sums $64,532. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,878/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
22 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76682, Riesel, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,283 (100%) |
| Owner Occupied HU | 901 (70.2%) |
| Renter Occupied HU | 218 (17.0%) |
| Vacant Housing Units | 164 (12.8%) |
| Median Home Value | $269,575 |
| Average Home Value | $313,399 |
Residential
1,219
Single Family
1,219
Multi-Family
0
Businesses
74
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $885.80 | -7.93% | $59,830 | -7.07% |
| 2023-04-03 | $962.09 | -18.86% | $64,380 | -4.20% |
| 2022-04-03 | $1185.76 | 34.62% | $67,200 | 49.63% |
Listed by: Steven Koleno • Beycome Brokerage Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #71184649
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