








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 Aledo at 717 Nocona, Aledo, TX, 76008 priced at $824,990 converts $4,500/mo rent into after a $4,038/mo obligation. Total monthly income equals $4,500/mo. Return on cash invested prints 13.74% in year one, and rental yield reads 6.55% against a $824,990 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation compiles into $227,930 by year five. Five-year ROI reaches 71.05% and total cumulative return in cash sums $192,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,500/mo property income covering a $4,038/mo payment, not borrower’s personal income.
Single Family
Built in 2024
1.02 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| 2025-06-09 | Pending sale | $824,990 |
| 2025-01-07 | Price change | $824,990 |
| 2024-08-25 | Listed for sale | $829,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Christina Danner • Storybook Realty LLC
Mls Name: NTREIS
Mls ID: #20700319
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.