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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 Burleson at 624 NW Lorna St, Burleson, TX, 76028 uses $79,527 cash to close to unlock $6,447/yr annual cash flow and $537/mo monthly cash flow. Total monthly income runs $2,243/mo, and a $1,174/mo payment keeps the spread at $537/mo. Purchase price stands at $239,900, and rental yield measures 11.22% with $2,243/mo rent. Return on cash invested shows 28.02% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 147.58% and total cumulative return in cash records $117,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,243/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1964
7,618 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $239,900 |
| 2016-12-07 | Listing removed | $152,000 |
| 2016-10-31 | Pending sale | $152,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $399.09 | -5.76% | $82,750 | -2.07% |
| 2023-04-17 | $423.48 | 37.97% | $84,498 | 59.28% |
| 2022-04-17 | $306.94 | -1.17% | $53,049 | -0.32% |
Listed by: Tia Parker • Regal, REALTORS
Mls Name: NTREIS
Mls ID: #20906658
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.
