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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% |
Rental property for sale in Burnet at 611 Zuleme Street, Burnet, TX, 78611 priced at $350,000 pairs $1,920/mo rent with after a $1,713/mo payment. Total monthly income equals $1,920/mo. Return on cash invested is 13.94% in year one, and rental yield stands at 6.58% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 72.07% and total cumulative return in cash reaches $83,618. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
0.37 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood data shown for ZIP Code: 78611, Burnet, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,970 (100%) |
| Owner Occupied HU | 5,024 (63.0%) |
| Renter Occupied HU | 1,421 (17.8%) |
| Vacant Housing Units | 1,525 (19.1%) |
| Median Home Value | $359,337 |
| Average Home Value | $468,828 |
Residential
6,767
Single Family
6,650
Multi-Family
117
Businesses
692
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Price change | $350,000 |
| 2024-09-27 | Price change | $375,000 |
| 2024-06-19 | Price change | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4285.74 | -5.62% | $328,082 | -5.38% |
| 2023-02-13 | $4541.00 | 12.46% | $346,747 | 29.14% |
| 2022-02-13 | $4037.94 | 25.13% | $268,499 | 29.47% |
Listed by: Christopher Watters • Watters International Realty
Mls Name: HLMLS
Mls Provider:
Mls ID: #170506
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.
