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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 Godley at 6438 W Fm 4, Godley, TX, 76044 priced at $709,900 converts $3,709/mo rent into after a $3,475/mo obligation. Total monthly income equals $3,709/mo. Return on cash invested prints 13.18% in year one, and rental yield reads 6.27% against a $709,900 entry. Equity gained on principal adds $4,581/yr, while 5% annual appreciation compiles into $196,132 by year five. Five-year ROI reaches 67.94% and total cumulative return in cash sums $158,668. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,709/mo property income covering a $3,475/mo payment, not borrower’s personal income.
Single Family
Built in 2000
6.15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76044, Godley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,579 (100%) |
| Owner Occupied HU | 2,998 (83.8%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 239 ( 6.7%) |
| Median Home Value | $424,069 |
| Average Home Value | $550,357 |
Residential
3,397
Single Family
3,397
Multi-Family
0
Businesses
190
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $709,900 |
| 2024-09-15 | Listing removed | $709,900 |
| 2024-09-11 | Price change | $709,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-10-22 | $4746.63 | -15.20% | N/A | N/A |
| 2018-10-22 | $5597.12 | 0.20% | N/A | N/A |
| 2017-10-22 | $5586.02 | 0.21% | N/A | N/A |
Listed by: Tara Roden • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #20556698
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.
