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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 Poolville at 941 Erwin Rd, Poolville, TX, 76487 priced at $289,999 pairs $4,458/mo rent with $2,396/mo cash flow after a $1,419/mo payment. Total monthly income equals $4,458/mo, and annual cash flow comes to $28,754/yr on $96,135 invested. Return on cash invested is 49.82% in year one, and rental yield stands at 18.45% on a $289,999 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,121 by year five. Five-year ROI measures 264.5% and total cumulative return in cash reaches $254,272. For financing, Ziffy Mortgage’s DSCR program evaluates $4,458/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76487, Poolville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,535 (100%) |
| Owner Occupied HU | 1,203 (78.4%) |
| Renter Occupied HU | 218 (14.2%) |
| Vacant Housing Units | 114 ( 7.4%) |
| Median Home Value | $318,299 |
| Average Home Value | $356,766 |
Residential
1,802
Single Family
1,802
Multi-Family
0
Businesses
70
Date | Event | Price |
|---|---|---|
| 2024-06-27 | Price change | $289,999 |
| 2024-05-10 | Listed for sale | $299,999 |
| 2023-05-23 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $4053.45 | 448.26% | $281,300 | 578.32% |
| 2022-08-15 | $739.33 | N/A | $41,470 | N/A |
Listed by: Mandy Nichols • Brixstone Real Estate
Mls Name: NTREIS
Mls ID: #20609700
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.
