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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 Hillsboro at 708 Craig St, Hillsboro, TX, 76645 generates $2,332/mo in rent and, after a $1,297/mo payment, leaves $448/mo in cash flow. Total monthly income is $2,332/mo, and annual cash flow is $5,371/yr on $87,848 invested. Return on cash invested sits at 26.02% in year one, and rental yield is 10.56% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 136.86% and total cumulative return in cash sums $120,231. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,332/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76645, Hillsboro, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,873 (58.4%) |
| Renter Occupied HU | 1,461 (29.7%) |
| Vacant Housing Units | 583 (11.9%) |
| Median Home Value | $200,509 |
| Average Home Value | $251,751 |
Residential
4,447
Single Family
3,965
Multi-Family
482
Businesses
599
Date | Event | Price |
|---|---|---|
| 2024-11-11 | Price change | $265,000 |
| 2024-10-05 | Price change | $275,000 |
| 2024-09-30 | Listed for sale | $280,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-21 | N/A | N/A | $261,260 | 11.47% |
| 2023-11-21 | $1197.32 | 16.31% | $234,370 | 15.61% |
| 2022-11-21 | $1029.38 | -2.20% | $202,730 | 12.19% |
Listed by: Nancy Jolly • Real
Mls Name: NTREIS
Mls ID: #20705632
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.
