








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 Red Oak at Waterford I FSW (w/Game) Plan, The Villages at Charleston Classic Series, Red Oak, TX, 75154 priced at $479,950 converts $3,060/mo rent into after a $2,349/mo obligation. Total monthly income equals $3,060/mo. Return on cash invested prints 17.25% in year one, and rental yield reads 7.65% against a $479,950 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,601 by year five. Five-year ROI reaches 89.8% and total cumulative return in cash sums $142,873. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,060/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| 2023-12-06 | Listing removed | N/A |
| 2023-10-17 | Price change | $479,950 |
| 2023-09-22 | Listed for sale | $477,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Teresa Williams • First Texas Homes
Mls Name: First Texas Homes
Mls ID: #N/A