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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 Inez at 98 Franz Rd, Inez, TX, 77968 priced at $320,000 converts $2,066/mo rent into after a $1,566/mo obligation. Total monthly income equals $2,066/mo. Return on cash invested prints 17.54% in year one, and rental yield reads 7.75% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 91.36% and total cumulative return in cash sums $96,915. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,066/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2018
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77968, Inez, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 1,126 (81.7%) |
| Renter Occupied HU | 137 ( 9.9%) |
| Vacant Housing Units | 115 ( 8.3%) |
| Median Home Value | $382,716 |
| Average Home Value | $401,345 |
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
42
Date | Event | Price |
|---|---|---|
| 2025-01-10 | Price change | $320,000 |
| 2024-12-05 | Price change | $330,000 |
| 2024-11-11 | Price change | $345,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $295,000 | -2.48% |
| 2023-02-12 | $1794.71 | 4.35% | $302,500 | 10.00% |
| 2022-02-12 | $1719.97 | 2.80% | $275,000 | 5.39% |
Listed by: Lindsey Lee • Twin Rivers Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #96436301
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