








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 Caldwell at 606 W Alligator St, Caldwell, TX, 77836 offers $2,214/mo rent that, after a $1,049/mo payment, leaves $544/mo cash flow. Total monthly income is $2,214/mo, and annual cash flow is $6,526/yr on $71,067 cash. Return on cash invested measures 29.09% in year one, and rental yield stands at 12.39% at a $214,381 entry. Equity gained on principal adds $1,383/yr while 5% annual appreciation compounds into $59,230 by year five. Five-year ROI records 154.2% and total cumulative return in cash reaches $109,583. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,214/mo property income versus a $1,049/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77836, Caldwell, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,448 (100%) |
| Owner Occupied HU | 4,176 (64.8%) |
| Renter Occupied HU | 1,058 (16.4%) |
| Vacant Housing Units | 1,214 (18.8%) |
| Median Home Value | $229,911 |
| Average Home Value | $275,725 |
Residential
5,115
Single Family
5,083
Multi-Family
32
Businesses
466
Date | Event | Price |
|---|---|---|
| 2025-06-16 | Listing removed | $229,000 |
| 2024-10-03 | Listed for sale | $229,000 |
| 2024-08-23 | Listing removed | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-25 | $5309.62 | 45.32% | $194,933 | 10.00% |
| 2022-06-25 | $3653.83 | -1.50% | $177,212 | 4.81% |
| 2021-06-25 | $3709.34 | N/A | $169,078 | 20.93% |



Listed by: N/A • N/A
Mls Name: Coldwell Banker Apex, Realtors
Mls Provider:
Mls ID: #24014277