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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 609 Colorado St, Cleburne, TX, 76031 offers a 8.93% rental yield on a $254,000 purchase with $1,890/mo rent. Total monthly income registers $1,890/mo, and a $1,243/mo payment leaves $84/mo available for distribution. Annual cash flow reaches $1,008/yr on $84,201 to close, and return on cash invested stands at 21.11% in year one. Equity gained on principal adds $1,639/yr while 5% annual appreciation supports $70,176 over five years. Portfolio math shows five-year ROI at 110.46% and total cumulative return in cash at $93,006. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,890/mo property income against a $1,243/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,359 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
Date | Event | Price |
|---|---|---|
| 2025-01-28 | Listed for sale | $254,000 |
| 2025-01-26 | Listing removed | $259,000 |
| 2024-10-01 | Price change | $259,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $23,500 | N/A |
| 2023-02-12 | $522.95 | -11.08% | $23,500 | N/A |
| 2022-02-12 | $588.12 | -4.08% | $23,500 | N/A |
Listed by: Cindy Rodriguez • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20828968
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.
