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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 Godley at 707 Cactus Creek Ct, Godley, TX, 76044 generates $5,201/mo in rent and, after a $3,035/mo payment, leaves $732/mo in cash flow. Total monthly income is $5,201/mo, and annual cash flow is $8,780/yr on $203,980 invested. Return on cash invested sits at 24.36% in year one, and rental yield is 10.07% on a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 128.04% and total cumulative return in cash sums $261,183. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,201/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
1.04 Acres lot
$N/A/sqft
$720 annually HOA
Neighborhood data shown for ZIP Code: 76044, Godley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,579 (100%) |
| Owner Occupied HU | 2,998 (83.8%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 239 ( 6.7%) |
| Median Home Value | $424,069 |
| Average Home Value | $550,357 |
Residential
3,397
Single Family
3,397
Multi-Family
0
Businesses
190
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Listed for sale | $620,000 |
| 2024-12-02 | Listing removed | $630,000 |
| 2024-11-16 | Price change | $630,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $614,686 | N/A |
| 2023-12-27 | $9389.57 | 26.90% | $614,686 | 51.37% |
| 2022-12-27 | $7398.99 | 613.49% | $406,077 | 682.42% |
Listed by: Lori Williby • Wethington Agency
Mls Name: NTREIS
Mls ID: #20791098
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.
