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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 Trophy Club at 7 Palo Duro Ct, Trophy Club, TX, 76262 priced at $449,000 pairs $3,000/mo rent with after a $2,198/mo payment. Total monthly income equals $3,000/mo. Return on cash invested is 18.31% in year one, and rental yield stands at 8.02% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 95.5% and total cumulative return in cash reaches $142,144. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Price change | $449,000 |
| 2024-10-07 | Price change | $475,000 |
| 2024-09-30 | Listed for sale | $480,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $7514.70 | 5.47% | $421,289 | 4.00% |
| 2023-12-27 | $7124.99 | 3.39% | $405,068 | 18.63% |
| 2022-12-27 | $6891.33 | 12.52% | $341,445 | 15.73% |
Listed by: Cj Sutherland • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20712709
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.
