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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 Itasca at 609 S Files St, Itasca, TX, 76055 listed at $228,000 pairs $2,124/mo rent with a $1,116/mo payment to leave $503/mo cash flow. Total monthly income runs $2,124/mo, and annual cash flow reaches $6,031/yr on $75,582 cash to close. Return on cash invested measures 27.89% in year one, and rental yield registers 11.18% at a $228,000 basis. Equity gained on principal adds $1,471/yr, and annual property appreciation at 5% supports $62,992 by year five. Five-year ROI tracks 146.85% and total cumulative return in cash totals $110,991. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,124/mo property income relative to a $1,116/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 809 (65.8%) |
| Renter Occupied HU | 250 (20.3%) |
| Vacant Housing Units | 171 (13.9%) |
| Median Home Value | $197,877 |
| Average Home Value | $264,509 |
Residential
1,166
Single Family
1,166
Multi-Family
0
Businesses
67
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tina Pace • The Sales Team, REALTORS
Mls Name: NTREIS
Mls ID: #21094067
