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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 Cleburne at 808 Marengo St, Cleburne, TX, 76033 uses $82,875 cash to close to unlock $2,434/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $1,981/mo, and a $1,224/mo payment keeps the spread at $203/mo. Purchase price stands at $249,999, and rental yield measures 9.51% with $1,981/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 119.79% and total cumulative return in cash records $99,274. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,981/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1960
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76033, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,086 (58.5%) |
| Renter Occupied HU | 4,001 (33.0%) |
| Vacant Housing Units | 1,028 ( 8.5%) |
| Median Home Value | $259,771 |
| Average Home Value | $310,697 |
Residential
11,708
Single Family
10,362
Multi-Family
1,346
Businesses
1,335
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Renee Hudson • RE/MAX Associates of Mansfield
Mls Name: NTREIS
Mls ID: #21017838
