








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 809 Phillips St, Cleburne, TX, 76033 offers a 10.84% rental yield on a $220,000 purchase with $1,988/mo rent. Total monthly income registers $1,988/mo, and a $1,077/mo payment leaves $423/mo available for distribution. Annual cash flow reaches $5,080/yr on $72,930 to close, and return on cash invested stands at 26.87% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 141.45% and total cumulative return in cash at $103,163. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,988/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,013 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 |
|---|---|---|
| 2025-02-04 | Price change | $220,000 |
| 2024-12-02 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $158,474 | N/A |
| 2023-02-12 | $3526.48 | 4.48% | $158,474 | 17.50% |
| 2022-02-12 | $3375.21 | 20.21% | $134,867 | 25.32% |



Listed by: Steven Shurtz • Stepstone Realty, LLC
Mls Name: NTREIS
Mls ID: #20788907
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.