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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 Cleburne at 703 Cedar St, Cleburne, TX, 76031 priced at $271,000 converts $1,890/mo rent into after a $1,326/mo obligation. Total monthly income equals $1,890/mo. Return on cash invested prints 19.42% in year one, and rental yield reads 8.37% against a $271,000 entry. Equity gained on principal adds $1,749/yr, while 5% annual appreciation compiles into $74,872 by year five. Five-year ROI reaches 101.45% and total cumulative return in cash sums $91,143. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,890/mo property income covering a $1,326/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
Date | Event | Price |
|---|---|---|
| 2024-12-02 | Price change | $271,000 |
| 2024-11-05 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Aaron Jistel • Listing Spark
Mls Name: NTREIS
Mls ID: #20770770
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.
