








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 618 W Heard St, Cleburne, TX, 76033 uses $90,500 cash to close to unlock $3,946/yr annual cash flow and $329/mo monthly cash flow. Total monthly income runs $2,270/mo, and a $1,336/mo payment keeps the spread at $329/mo. Purchase price stands at $273,000, and rental yield measures 9.98% with $2,270/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $75,425 over five years. Five-year ROI reaches 127.43% and total cumulative return in cash records $115,327. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,270/mo property income covering a $1,336/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.31 Acres 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 |
|---|---|---|
| 2024-09-30 | Price change | $273,000 |
| 2024-08-27 | Listed for sale | $280,000 |
| 2020-06-11 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | N/A | N/A | $224,438 | N/A |
| 2023-10-16 | $3622.19 | -22.44% | $224,438 | 4.18% |
| 2022-10-16 | $4670.06 | -8.17% | $215,438 | N/A |



Listed by: Anastasia Riley • Coldwell Banker Realty Frisco
Mls Name: NTREIS
Mls ID: #20713957
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.