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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 953 Highlands Ave, Aledo, TX, 76008 generates $7,265/mo in rent and, after a $3,229/mo payment, leaves $2,524/mo in cash flow. Total monthly income is $7,265/mo, and annual cash flow is $30,283/yr on $217,058 invested. Return on cash invested sits at 34.01% in year one, and rental yield is 13.21% on a $659,750 entry. Equity gained on principal adds $4,257/yr, while 5% annual appreciation builds toward $182,277 over five years. Five-year ROI reaches 179.75% and total cumulative return in cash sums $390,171. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,265/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
7,797 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 |
|---|---|---|
| 2024-06-22 | Price change | $659,750 |
| 2024-05-31 | Price change | $649,750 |
| 2024-03-29 | Price change | $640,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Alicia Keith • Apple Realty, Inc.
Mls Name: NTREIS
Mls ID: #20410122
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.
