








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 610 Phillips St, Cleburne, TX, 76033 uses $82,842 cash to close to unlock $3,880/yr annual cash flow and $323/mo monthly cash flow. Total monthly income runs $2,119/mo, and a $1,223/mo payment keeps the spread at $323/mo. Purchase price stands at $249,900, and rental yield measures 10.18% with $2,119/mo rent. Return on cash invested shows 24.59% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 129.3% and total cumulative return in cash records $107,114. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,119/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1970
10,497 sqft 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 |
|---|---|---|
| 2025-05-15 | Listed for sale | $249,900 |
| 2019-06-27 | Listing removed | $139,900 |
| 2019-06-18 | Pending sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | N/A | N/A | $196,551 | N/A |
| 2023-05-16 | $4373.79 | 4.72% | $196,551 | 17.78% |
| 2022-05-16 | $4176.48 | 21.27% | $166,884 | 26.43% |



Listed by: Franchesca Duarte • AmbitionX Real Estate LLC
Mls Name: NTREIS
Mls ID: #20916363
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.