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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 Covington at 680 Hcr #1429, Covington, TX, 76636 uses $74,588 cash to close to unlock $2,559/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $1,813/mo, and a $1,101/mo payment keeps the spread at $213/mo. Purchase price stands at $225,000, and rental yield measures 9.67% with $1,813/mo rent. Return on cash invested shows 23.34% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 122.48% and total cumulative return in cash records $91,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,813/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76636, Covington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 526 (74.2%) |
| Renter Occupied HU | 89 (12.6%) |
| Vacant Housing Units | 94 (13.3%) |
| Median Home Value | $264,130 |
| Average Home Value | $354,254 |
Residential
538
Single Family
538
Multi-Family
0
Businesses
40
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listed for sale | $225,000 |
| 2022-11-10 | Sold | N/A |
| 2022-10-25 | Pending sale | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $879.29 | 4.27% | $163,262 | 10.00% |
| 2023-03-24 | $843.26 | 17.52% | $148,420 | 25.07% |
| 2022-03-24 | $717.53 | 25.32% | $118,670 | 35.75% |
Listed by: Chelsie Andrews • Inderman + Leija
Mls Name: NTREIS
Mls ID: #20880178
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.
