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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 Somerset at 6971 fm 3175, Somerset, TX, 78069 generates $4,952/mo in rent, after a $4,645/mo payment. Total monthly income is $4,952/mo. Return on cash invested sits at 13.16% in year one, and rental yield is 6.26% on a $948,999 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 67.81% and total cumulative return in cash sums $211,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,952/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
19.17 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78069, Somerset, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,293 (100%) |
| Owner Occupied HU | 1,639 (71.5%) |
| Renter Occupied HU | 435 (19.0%) |
| Vacant Housing Units | 219 ( 9.6%) |
| Median Home Value | $236,801 |
| Average Home Value | $263,127 |
Residential
1,702
Single Family
1,702
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2024-08-07 | Price change | $948,999 |
| 2024-06-27 | Listed for sale | $949,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | N/A | N/A | $391,323 | 10.20% |
| 2022-08-14 | N/A | N/A | $355,103 | 9.88% |
| 2021-08-14 | N/A | N/A | $323,175 | 10.22% |
Listed by: Nancy Rodriguez • LPT Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1787372
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.
