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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 Shelmar Dr, Euless, TX, 76039 priced at $305,000 converts $2,833/mo rent into $664/mo cash flow after a $1,493/mo obligation. Total monthly income equals $2,833/mo, and annual cash flow totals $7,967/yr on $101,108 invested. Return on cash invested prints 27.79% in year one, and rental yield reads 11.15% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. Five-year ROI reaches 146.3% and total cumulative return in cash sums $147,922. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,833/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 1968
7,187 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ameirah Said • JPAR Plano
Mls Name: NTREIS
Mls ID: #21117399
