10779 E Drake StGardendaleTX79758
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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 Gardendale at 10779 E Drake St, Gardendale, TX, 79758 listed at $275,000 pairs $2,520/mo rent with a $1,346/mo payment to leave $564/mo cash flow. Total monthly income runs $2,520/mo, and annual cash flow reaches $6,773/yr on $91,163 cash to close. Return on cash invested measures 27.34% in year one, and rental yield registers 11% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 143.91% and total cumulative return in cash totals $131,195. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1995
3.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79758, Gardendale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,298 (100%) |
| Owner Occupied HU | 969 (74.7%) |
| Renter Occupied HU | 150 (11.6%) |
| Vacant Housing Units | 179 (13.8%) |
| Median Home Value | $437,284 |
| Average Home Value | $521,620 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
69
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Listed by: Keri Huggins • Fathom Realty
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #162407
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.