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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 Godley at 921 Hickory Chase Dr, Godley, TX, 76044 listed at $397,000 pairs $2,934/mo rent with a $1,943/mo payment to leave $75/mo cash flow. Total monthly income runs $2,934/mo, and annual cash flow reaches $902/yr on $131,606 cash to close. Return on cash invested measures 20.59% in year one, and rental yield registers 8.87% at a $397,000 basis. Equity gained on principal adds $2,562/yr, and annual property appreciation at 5% supports $109,684 by year five. Five-year ROI tracks 107.88% and total cumulative return in cash totals $141,970. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,934/mo property income relative to a $1,943/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
7,683 sqft lot
$N/A/sqft
$430 annually HOA
Neighborhood data shown for ZIP Code: 76044, Godley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,579 (100%) |
| Owner Occupied HU | 2,998 (83.8%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 239 ( 6.7%) |
| Median Home Value | $424,069 |
| Average Home Value | $550,357 |
Residential
3,397
Single Family
3,397
Multi-Family
0
Businesses
190
Date | Event | Price |
|---|---|---|
| 2024-12-10 | Price change | $397,000 |
| 2024-12-04 | Price change | $425,000 |
| 2024-11-06 | Price change | $430,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #20599634
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.
