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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 Glenn Heights at 706 Shady Meadow Ln, Glenn Heights, TX, 75154 priced at $439,000 converts $3,845/mo rent into $636/mo cash flow after a $2,149/mo obligation. Total monthly income equals $3,845/mo, and annual cash flow totals $7,630/yr on $145,529 invested. Return on cash invested prints 25.15% in year one, and rental yield reads 10.51% against a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation compiles into $121,288 by year five. Five-year ROI reaches 132.43% and total cumulative return in cash sums $192,716. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,845/mo property income covering a $2,149/mo payment, not borrower’s personal income.
Single Family
Built in 2005
9,496 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| 2025-02-02 | Listed for sale | $439,000 |
| 2025-02-02 | Listing removed | $3,200 |
| 2024-12-11 | Listed for rent | $3,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $8331.78 | 4.27% | $385,140 | 5.20% |
| 2023-02-13 | $7990.92 | 60.39% | $366,090 | N/A |
| 2022-02-13 | $4982.31 | -2.35% | $366,090 | 42.41% |
Listed by: Shakeel Ahmad • Signature Real Estate Group
Mls Name: NTREIS
Mls ID: #20780854
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.
