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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% |
Investment property for sale in Cleburne at 603 S Nolan River Rd, Cleburne, TX, 76033 listed at $350,000 pairs $2,675/mo rent with a $1,713/mo payment to leave $186/mo cash flow. Total monthly income runs $2,675/mo, and annual cash flow reaches $2,234/yr on $116,025 cash to close. Return on cash invested measures 21.83% in year one, and rental yield registers 9.17% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 114.42% and total cumulative return in cash totals $132,758. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,675/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
0.37 Acres 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 |
|---|---|---|
| 2025-05-30 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | N/A | N/A | $310,986 | 8.41% |
| 2023-05-30 | $4967.56 | -13.99% | $286,851 | 10.00% |
| 2022-05-30 | $5775.62 | 2.50% | $260,774 | 10.00% |
Listed by: Dani Palmer • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20947029
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.
