783 Chase AveCleburneTX76031
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Cleburne at 783 Chase Ave, Cleburne, TX, 76031 generates $1,620/mo in rent and, after a $876/mo payment, leaves $347/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $4,167/yr on $59,339 invested. Return on cash invested sits at 26.93% in year one, and rental yield is 10.86% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 141.77% and total cumulative return in cash sums $84,123. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Housing Distribution
Address Breakdown
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
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Listed by: Gabriela Mares • The Vibe Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20707188
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.