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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 835 Hickory St, Burleson, TX, 76028 priced at $249,900 converts $2,188/mo rent into $384/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,188/mo, and annual cash flow totals $4,603/yr on $82,842 invested. Return on cash invested prints 25.47% in year one, and rental yield reads 10.51% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 134.02% and total cumulative return in cash sums $111,026. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,188/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Townhouse
Built in 2005
4,791 sqft lot
$N/A/sqft
$330 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 |
|---|---|---|
| 2024-10-01 | Price change | $249,900 |
| 2024-08-21 | Price change | $299,000 |
| 2024-07-23 | Price change | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $1467.95 | 20.77% | $292,905 | 39.43% |
| 2022-10-23 | $1215.52 | 33.34% | $210,079 | 34.49% |
| 2021-10-23 | $911.59 | 2.68% | $156,201 | -5.48% |
Listed by: Debbie Copeland • RE/MAX, CrossRoad REALTORS
Mls Name: NTREIS
Mls ID: #20649387
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.
