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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 Aledo at 8201 E Bankhead Hwy, Aledo, TX, 76008 generates $2,599/mo in rent, after a $3,304/mo payment. Total monthly income is $2,599/mo. Return on cash invested sits at 8.17% in year one, and rental yield is 4.62% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 41.05% and total cumulative return in cash sums $91,167. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,599/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| 2024-09-23 | Listed for sale | $675,000 |
| 2024-09-04 | Listing removed | $710,000 |
| 2024-09-03 | Price change | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2105.32 | -41.33% | $455,600 | 35.27% |
| 2022-10-15 | $3588.21 | 0.97% | $336,820 | N/A |
| 2021-10-15 | $3553.89 | 0.53% | $336,820 | 39.33% |
Listed by: Stacy Lynch • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20735579
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.
