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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Simonton at 603 Hackamore Rd, Simonton, TX, 77476 priced at $215,000 converts $0/mo rent into after a $1,052/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.83% in year one, and rental yield reads 0% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77476, Simonton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Residential
1
Single Family
1
Multi-Family
0
Businesses
68
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Jimmy Franklin • eXp Realty LLC
Mls Name: HAR
Mls ID: #81353297
