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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 Thorndale at 940 Perry Ln, Thorndale, TX, 76577 generates $3,119/mo in rent and, after a $1,953/mo payment, leaves $282/mo in cash flow. Total monthly income is $3,119/mo, and annual cash flow is $3,379/yr on $132,269 invested. Return on cash invested sits at 22.46% in year one, and rental yield is 9.38% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 117.75% and total cumulative return in cash sums $155,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,119/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76577, Thorndale, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,541 (100%) |
| Owner Occupied HU | 1,098 (71.3%) |
| Renter Occupied HU | 256 (16.6%) |
| Vacant Housing Units | 187 (12.1%) |
| Median Home Value | $248,969 |
| Average Home Value | $362,136 |
Residential
1,210
Single Family
1,210
Multi-Family
0
Businesses
86
Date | Event | Price |
|---|---|---|
| 2024-07-31 | Price change | $399,000 |
| 2024-06-17 | Listed for sale | $414,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Heather Morstatter • Magnolia Realty
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24011603
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.
