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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 Purdon at 9885 Fm 709 S, Purdon, TX, 76679 listed at $192,000 pairs $1,817/mo rent with a $940/mo payment to leave $451/mo cash flow. Total monthly income runs $1,817/mo, and annual cash flow reaches $5,417/yr on $63,648 cash to close. Return on cash invested measures 28.42% in year one, and rental yield registers 11.36% at a $192,000 basis. Equity gained on principal adds $1,239/yr, and annual property appreciation at 5% supports $53,046 by year five. Five-year ROI tracks 149.74% and total cumulative return in cash totals $95,308. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,817/mo property income relative to a $940/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2002
2.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76679, Purdon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 503 (65.4%) |
| Renter Occupied HU | 147 (19.1%) |
| Vacant Housing Units | 119 (15.5%) |
| Median Home Value | $212,234 |
| Average Home Value | $286,610 |
Residential
638
Single Family
638
Multi-Family
0
Businesses
21
Date | Event | Price |
|---|---|---|
| 2024-12-26 | Listed for sale | $192,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $176.16 | 30.74% | $44,523 | 10.00% |
| 2023-12-27 | $134.74 | N/A | $40,475 | 10.00% |
| 2022-12-27 | N/A | N/A | $36,795 | 10.00% |
Listed by: Blair Carsey • JPAR Dallas
Mls Name: NTREIS
Mls ID: #20802743
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.
