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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 Itasca at 808 Mill St, Itasca, TX, 76055 priced at $155,000 converts $1,308/mo rent into $205/mo cash flow after a $759/mo obligation. Total monthly income equals $1,308/mo, and annual cash flow totals $2,465/yr on $51,383 invested. Return on cash invested prints 24.71% in year one, and rental yield reads 10.13% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 129.83% and total cumulative return in cash sums $66,712. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,308/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1920
8,886 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 809 (65.8%) |
| Renter Occupied HU | 250 (20.3%) |
| Vacant Housing Units | 171 (13.9%) |
| Median Home Value | $197,877 |
| Average Home Value | $264,509 |
Residential
1,166
Single Family
1,166
Multi-Family
0
Businesses
67
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $155,000 |
| 2019-07-10 | Listing removed | $139,900 |
| 2019-06-14 | Listed for sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $846.65 | 1.34% | $156,880 | 6.92% |
| 2023-06-27 | $835.49 | -5.13% | $146,720 | 0.73% |
| 2022-06-27 | $880.71 | 22.44% | $145,660 | 32.62% |
Listed by: David DeVries • RE/MAX Pinnacle Group REALTORS
Mls Name: NTREIS
Mls ID: #20970710
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.
