0 Gobbler Dr LOT 53MillersviewTX76862
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Millersview at 0 Gobbler Dr LOT 53, Millersview, TX, 76862 with 5% annual appreciation on a $152,617 basis while $1,156/mo rent supports operations. Total monthly income totals $1,156/mo and a $747/mo payment preserves $71/mo for cash returns. Annual cash flow comes to $848/yr on $50,593 deployed, and return on cash invested reaches 21.59% in year one. Equity gained on principal adds $985/yr, and five-year appreciation sums $42,165 alongside rental yield of 9.09%. Five-year ROI measures 113.07% and total cumulative return in cash totals $57,204.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,156/mo property income versus a $747/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
3.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76862, Millersview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 176 (100%) |
| Owner Occupied HU | 79 (44.9%) |
| Renter Occupied HU | 11 ( 6.2%) |
| Vacant Housing Units | 86 (48.9%) |
| Median Home Value | $177,500 |
| Average Home Value | $198,829 |
Housing Distribution
Address Breakdown
Residential
94
Single Family
94
Multi-Family
0
Businesses
11
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Listed by: Tammy Blair-mccreery • TAMMY BLAIR REALTY LLC
Mls Name: My State MLS
Mls ID: #11281673