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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Cherokee at TBD CR 226, Cherokee, TX, 76832 generates $0/mo in rent, after a $8,810/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.97% in year one, and rental yield is 0% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
91.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76832, Cherokee, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 163 (55.8%) |
| Renter Occupied HU | 57 (19.5%) |
| Vacant Housing Units | 72 (24.7%) |
| Median Home Value | $212,500 |
| Average Home Value | $389,632 |
Residential
137
Single Family
137
Multi-Family
0
Businesses
11
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Brenda Schneider • Landmasters Real Estate
Mls Name: HLMLS
Mls ID: #175579
