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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 Burleson at 829 Royal Oak Ln, Burleson, TX, 76028 generates $3,598/mo in rent and, after a $1,860/mo payment, leaves $887/mo in cash flow. Total monthly income is $3,598/mo, and annual cash flow is $10,648/yr on $125,970 invested. Return on cash invested sits at 28.36% in year one, and rental yield is 11.36% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 149.43% and total cumulative return in cash sums $188,233. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,598/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
6,577 sqft lot
$N/A/sqft
$100 annually 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 |
|---|---|---|
| 2024-08-30 | Listed for sale | $380,000 |
| 2018-05-26 | Listing removed | $257,900 |
| 2018-04-28 | Listed for sale | $257,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-02 | $3812.03 | -29.05% | $314,480 | 10.00% |
| 2022-09-02 | $5373.16 | N/A | $285,891 | 10.00% |
| 2021-09-02 | $5373.16 | 5.76% | $259,901 | 10.00% |
Listed by: Amber Tollison • Honey Homes + Land
Mls Name: NTREIS
Mls ID: #20716788
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.
