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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 Cleburne at 6220 Montrose St, Cleburne, TX, 76033 offers $4,054/mo rent that, after a $4,058/mo payment. Total monthly income is $4,054/mo. Return on cash invested measures 11.52% in year one, and rental yield stands at 5.87% at a $829,000 entry. Equity gained on principal adds $5,349/yr while 5% annual appreciation compounds into $229,037 by year five. Five-year ROI records 59.2% and total cumulative return in cash reaches $161,452. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,054/mo property income versus a $4,058/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.32 Acres lot
$N/A/sqft
$600 semi-annually 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 |
|---|---|---|
| 2024-10-13 | Price change | $829,000 |
| 2024-10-05 | Price change | $839,000 |
| 2024-09-30 | Listed for sale | $846,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $778,083 | N/A |
| 2023-02-12 | $11374.07 | 32.31% | $778,083 | 65.62% |
| 2022-02-12 | $8596.21 | -0.36% | $469,798 | N/A |
Listed by: Denise Reiling • Berkshire HathawayHS PenFed TX
Mls Name: NTREIS
Mls ID: #20707630
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.
