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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 Aledo at 950 Highlands Ave, Aledo, TX, 76008 priced at $699,000 pairs $5,148/mo rent with $128/mo cash flow after a $3,421/mo payment. Total monthly income equals $5,148/mo, and annual cash flow comes to $1,531/yr on $229,971 invested. Return on cash invested is 20.73% in year one, and rental yield stands at 8.84% on a $699,000 basis. Equity gained on principal adds $4,511/yr, and 5% annual appreciation accumulates to $193,121 by year five. Five-year ROI measures 108.5% and total cumulative return in cash reaches $249,530. For financing, Ziffy Mortgage’s DSCR program evaluates $5,148/mo property income against a $3,421/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
9,234 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Price change | $699,000 |
| 2024-08-16 | Price change | $735,000 |
| 2024-08-09 | Price change | $736,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1141.39 | -9.07% | $52,500 | N/A |
| 2022-10-15 | $1255.22 | 1344.28% | $52,500 | 1138.21% |
| 2021-10-15 | $86.91 | N/A | $4,240 | N/A |
Listed by: Starling Oliver • Keller Williams Fort Worth
Mls Name: NTREIS
Mls ID: #20636933
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.
