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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 Burleson at 938 Mimosa Ct, Burleson, TX, 76028 with 5% annual appreciation on a $420,000 basis while $3,384/mo rent supports operations. Total monthly income totals $3,384/mo and a $2,056/mo payment preserves $370/mo for cash returns. Annual cash flow comes to $4,434/yr on $139,230 deployed, and return on cash invested reaches 23.09% in year one. Equity gained on principal adds $2,710/yr, and five-year appreciation sums $116,038 alongside rental yield of 9.67%. Five-year ROI measures 121.22% and total cumulative return in cash totals $168,775.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,384/mo property income versus a $2,056/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
8,015 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 |
|---|---|---|
| 2024-09-30 | Listed for sale | $420,000 |
| 2024-09-20 | Listing removed | $420,000 |
| 2024-07-19 | Listed for sale | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $1944.99 | N/A | $421,962 | 19.34% |
| 2022-10-23 | N/A | N/A | $353,591 | 31.12% |
| 2021-10-23 | $1573.81 | -10.21% | $269,674 | -9.44% |
Listed by: Patricia Young • Real
Mls Name: NTREIS
Mls ID: #20668702
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.
