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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% |
Investment property for sale in Godley at 7429 Spring Ranch Ct, Godley, TX, 76044 listed at $499,000 pairs $3,607/mo rent with a $2,442/mo payment to leave $30/mo cash flow. Total monthly income runs $3,607/mo, and annual cash flow reaches $357/yr on $165,419 cash to close. Return on cash invested measures 20.12% in year one, and rental yield registers 8.67% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 105.28% and total cumulative return in cash totals $174,150. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,607/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
1.02 Acres lot
$N/A/sqft
$350 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 |
|---|---|---|
| 2024-12-17 | Price change | $499,000 |
| 2024-11-14 | Price change | $535,000 |
| 2024-09-30 | Listed for sale | $539,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $537,716 | 5.58% |
| 2023-12-27 | $2586.94 | -65.95% | $509,287 | 10.00% |
| 2022-12-27 | $7597.36 | 53.15% | $462,988 | 31.87% |
Listed by: Angela Goulding • Keller Williams Johnson County
Mls Name: NTREIS
Mls ID: #20741940
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.
