








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 Stephenville at 831 W Elm St, Stephenville, TX, 76401 generates $1,937/mo in rent and, after a $1,174/mo payment, leaves $231/mo in cash flow. Total monthly income is $1,937/mo, and annual cash flow is $2,775/yr on $79,527 invested. Return on cash invested sits at 23.4% in year one, and rental yield is 9.69% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 122.82% and total cumulative return in cash sums $97,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,937/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
Date | Event | Price |
|---|---|---|
| 2025-02-04 | Price change | $239,900 |
| 2025-01-11 | Price change | $245,900 |
| 2024-12-11 | Listed for sale | $249,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $199,640 | 7.69% |
| 2023-02-13 | $3285.05 | 47.30% | $185,380 | 17.13% |
| 2022-02-13 | $2230.22 | -2.64% | $158,270 | 26.90% |



Listed by: Durlyn Stokes • PREFERRED PROPERTIES OF TEXAS
Mls Name: NTREIS
Mls ID: #20795523
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.