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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 Cleburne at 602 W 2nd St, Cleburne, TX, 76033 generates $1,704/mo in rent and, after a $1,028/mo payment, leaves $211/mo in cash flow. Total monthly income is $1,704/mo, and annual cash flow is $2,526/yr on $69,615 invested. Return on cash invested sits at 23.54% in year one, and rental yield is 9.74% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 123.53% and total cumulative return in cash sums $85,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,704/mo property income rather than buyer’s personal income.
Single Family
Built in 1944
4,878 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,086 (58.5%) |
| Renter Occupied HU | 4,001 (33.0%) |
| Vacant Housing Units | 1,028 ( 8.5%) |
| Median Home Value | $259,771 |
| Average Home Value | $310,697 |
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Date | Event | Price |
|---|---|---|
| 2024-12-11 | Price change | $210,000 |
| 2024-08-23 | Price change | $215,000 |
| 2024-06-05 | Price change | $234,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $150,511 | N/A |
| 2023-12-27 | $3349.27 | 2.50% | $150,511 | 15.27% |
| 2022-12-27 | $3267.72 | -4.08% | $130,572 | N/A |
Listed by: Bill Moomaw • Regal, REALTORS
Mls Name: NTREIS
Mls ID: #20558456
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.
