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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% |
Investment property for sale in Roanoke at 968 Highpoint Way, Roanoke, TX, 76262 listed at $1,075,000 pairs $4,583/mo rent with a $5,262/mo payment. Total monthly income runs $4,583/mo. Return on cash invested measures 9.48% in year one, and rental yield registers 5.12% at a $1,075,000 basis. Equity gained on principal adds $6,937/yr, and annual property appreciation at 5% supports $297,003 by year five. Five-year ROI tracks 48.17% and total cumulative return in cash totals $167,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,583/mo property income relative to a $5,262/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
9,888 sqft lot
$N/A/sqft
$600 semi-annually HOA
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
Date | Event | Price |
|---|---|---|
| 2025-06-01 | Listed for sale | $1,075,000 |
| 2025-05-30 | Listed for rent | $7,800 |
| 2023-08-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $13045.04 | 72.21% | $808,339 | 17.20% |
| 2023-06-02 | $7575.03 | -21.39% | $689,700 | 10.00% |
| 2022-06-02 | $9635.90 | -0.25% | $627,000 | 5.10% |
Listed by: Randy Caudell • The Michael Group
Mls Name: NTREIS
Mls ID: #20954273
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.
