



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 Cleburne at 985 Prestonwood Ln, Cleburne, TX, 76031 generates $1,890/mo in rent and, after a $1,145/mo payment, leaves $226/mo in cash flow. Total monthly income is $1,890/mo, and annual cash flow is $2,716/yr on $77,571 invested. Return on cash invested sits at 23.41% in year one, and rental yield is 9.69% on a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation builds toward $64,650 over five years. Five-year ROI reaches 122.86% and total cumulative return in cash sums $95,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,890/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Listing removed | $238,599 |
| 2025-09-09 | Price change | $238,599 |
| 2025-08-28 | Price change | $241,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A