








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 Italy at 704 Rhonda St, Italy, TX, 76651 priced at $199,000 converts $1,726/mo rent into $311/mo cash flow after a $974/mo obligation. Total monthly income equals $1,726/mo, and annual cash flow totals $3,731/yr on $65,969 invested. Return on cash invested prints 25.56% in year one, and rental yield reads 10.41% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 134.38% and total cumulative return in cash sums $88,650. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,726/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76651, Italy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 843 (64.8%) |
| Renter Occupied HU | 359 (27.6%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $294,492 |
| Average Home Value | $395,569 |
Residential
1,103
Single Family
1,103
Multi-Family
0
Businesses
78
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: Sherry Flewellen • Dalton Wade, Inc.
Mls Name: NTREIS
Mls ID: #21129622