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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 Hewitt at 708 Sapphire Blvd, Hewitt, TX, 76643 generates $2,296/mo in rent and, after a $1,370/mo payment, leaves $254/mo in cash flow. Total monthly income is $2,296/mo, and annual cash flow is $3,048/yr on $92,820 invested. Return on cash invested sits at 23.19% in year one, and rental yield is 9.84% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 121.9% and total cumulative return in cash sums $113,145. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,296/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
10,628 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76643, Hewitt, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 4,500 (72.0%) |
| Renter Occupied HU | 1,579 (25.3%) |
| Vacant Housing Units | 168 ( 2.7%) |
| Median Home Value | $289,685 |
| Average Home Value | $306,717 |
Residential
6,299
Single Family
5,743
Multi-Family
556
Businesses
518
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Listed for sale | $280,000 |
| 2019-05-20 | Sold | N/A |
| 2019-04-18 | Pending sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-18 | $5264.71 | 2.82% | $273,100 | 3.70% |
| 2023-06-18 | $5120.18 | -6.35% | $263,350 | 5.02% |
| 2022-06-18 | $5467.12 | 19.13% | $250,770 | 24.54% |
Listed by: Aaron Majewski • Magnolia Realty
Mls Name: NTREIS
Mls ID: #20972573
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.
