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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 Euless at 702 Salmon Run Ct, Euless, TX, 76039 priced at $700,000 converts $3,660/mo rent into after a $3,426/mo obligation. Total monthly income equals $3,660/mo. Return on cash invested prints 12.89% in year one, and rental yield reads 6.27% against a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,397 by year five. Five-year ROI reaches 66.52% and total cumulative return in cash sums $153,196. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,660/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 2002
10,018 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood data shown for ZIP Code: 76039, Euless, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,085 (100%) |
| Owner Occupied HU | 6,901 (38.2%) |
| Renter Occupied HU | 10,272 (56.8%) |
| Vacant Housing Units | 912 ( 5.0%) |
| Median Home Value | $402,162 |
| Average Home Value | $461,114 |
Residential
17,724
Single Family
8,530
Multi-Family
9,194
Businesses
737
Date | Event | Price |
|---|---|---|
| 2025-05-08 | Listed for sale | $700,000 |
| 2021-03-24 | Listing removed | N/A |
| 2018-02-13 | Listing removed | $479,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $5232.61 | 1.67% | $782,901 | 14.83% |
| 2023-05-08 | $5146.62 | -3.88% | $681,795 | 11.66% |
| 2022-05-08 | $5354.41 | 8.06% | $610,599 | 14.29% |
Listed by: April Gadoci • Magnolia Realty Grapevine
Mls Name: NTREIS
Mls ID: #20913495
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.
