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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar price properties found nearby.
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 Freer at 704 W Riley St, Freer, TX, 78357 offers $1,427/mo rent that, after a $663/mo payment, leaves $464/mo cash flow. Total monthly income is $1,427/mo, and annual cash flow is $5,564/yr on $44,918 cash. Return on cash invested measures 32.3% in year one, and rental yield stands at 12.64% at a $135,500 entry. Equity gained on principal adds $874/yr while 5% annual appreciation compounds into $37,436 by year five. Five-year ROI records 170.53% and total cumulative return in cash reaches $76,598. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,427/mo property income versus a $663/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78357, Freer, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,268 (100%) |
| Owner Occupied HU | 773 (61.0%) |
| Renter Occupied HU | 269 (21.2%) |
| Vacant Housing Units | 226 (17.8%) |
| Median Home Value | $113,770 |
| Average Home Value | $129,337 |
Residential
22
Single Family
22
Multi-Family
0
Businesses
114
Date | Event | Price |
|---|---|---|
| 2025-06-08 | Price change | $140,000 |
| 2025-05-19 | Price change | $150,000 |
| 2023-07-25 | Listed for sale | $49,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $584.59 | -5.05% | $67,660 | N/A |
| 2023-11-01 | $615.65 | -0.20% | $67,660 | N/A |
| 2022-11-01 | $616.86 | N/A | $67,660 | 12.84% |
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
