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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% |
Rental property for sale in Gonzales at 1004 Mitchell St, Gonzales, TX, 78629 generates $2,464/mo in rent, after a $2,423/mo payment. Total monthly income is $2,464/mo. Return on cash invested sits at 12.18% in year one, and rental yield is 5.97% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 62.62% and total cumulative return in cash sums $102,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,464/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78629, Gonzales, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,640 (100%) |
| Owner Occupied HU | 3,214 (57.0%) |
| Renter Occupied HU | 1,535 (27.2%) |
| Vacant Housing Units | 891 (15.8%) |
| Median Home Value | $223,489 |
| Average Home Value | $269,038 |
Residential
4,799
Single Family
4,564
Multi-Family
235
Businesses
591
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Listed for sale | $495,000 |
| 2022-06-30 | Sold | N/A |
| 2022-06-07 | Pending sale | $449,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-24 | $4392.77 | 1.49% | $256,420 | 4.41% |
| 2023-06-24 | $4328.47 | 17.70% | $245,590 | 23.43% |
| 2022-06-24 | $3677.46 | N/A | $198,970 | 4.51% |
Listed by: DeLanna Allen • Re/Max First Shot
Mls Name: HAR
Mls Provider:
Mls ID: #29417776
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