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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 Argyle at 603 Fm 407 E, Argyle, TX, 76226 generates $3,228/mo in rent and, after a $2,203/mo payment, leaves $28/mo in cash flow. Total monthly income is $3,228/mo, and annual cash flow is $330/yr on $149,175 invested. Return on cash invested sits at 20.13% in year one, and rental yield is 8.61% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 105.25% and total cumulative return in cash sums $157,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,228/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $450,000 |
| 2022-10-05 | Sold | N/A |
| 2022-09-12 | Pending sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $6945.06 | -0.94% | $351,136 | -8.59% |
| 2023-04-24 | $7011.05 | 24.63% | $384,150 | 28.21% |
| 2022-04-24 | $5625.29 | 17.77% | $299,615 | 10.00% |
Listed by: Tanya O'neil • Great Western Realty
Mls Name: NTREIS
Mls ID: #20905512
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.
