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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 Burleson at 816 Ridgehill Ct, Burleson, TX, 76028 with 5% annual appreciation on a $349,900 basis while $2,749/mo rent supports operations. Total monthly income totals $2,749/mo and a $1,713/mo payment preserves $102/mo for cash returns. Annual cash flow comes to $1,225/yr on $115,992 deployed, and return on cash invested reaches 20.96% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 9.43%. Five-year ROI measures 110.35% and total cumulative return in cash totals $127,998.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,749/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $349,900 |
| 2024-09-23 | Listing removed | $349,900 |
| 2024-08-10 | Listed for sale | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | N/A | N/A | $352,760 | 4.13% |
| 2023-10-23 | $7706.80 | N/A | $338,760 | 28.65% |
| 2022-10-23 | N/A | N/A | $263,322 | 10.00% |
Listed by: Russell Pickens • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20698892
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.
