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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 Bastrop at 962 State Highway 304, Bastrop, TX, 78602 generates $1,864/mo in rent, after a $1,395/mo payment. Total monthly income is $1,864/mo. Return on cash invested sits at 17.84% in year one, and rental yield is 7.85% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 93.01% and total cumulative return in cash sums $87,870. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,864/mo property income rather than buyer’s personal income.
Manufactured
Built in 1985
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,506 (100%) |
| Owner Occupied HU | 11,642 (70.5%) |
| Renter Occupied HU | 3,542 (21.5%) |
| Vacant Housing Units | 1,322 ( 8.0%) |
| Median Home Value | $347,719 |
| Average Home Value | $396,837 |
Residential
14,020
Single Family
13,017
Multi-Family
1,003
Businesses
1,232
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Dennys Digat • All City Real Estate Ltd. Co
Mls Name: Unlock MLS
Mls ID: #6622258
