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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% |
Investment property for sale in Gordon at 1081 Mitchell Hill Rd, Gordon, TX, 76453 at $1,300,000 posts ROI 0.64% with from $2,321/mo rent. Total monthly income equals $2,321/mo. Return on cash invested measures 0.64% and rental yield reads 2.14% at the current $1,300,000. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 by year five. Five-year ROI prints 0.68% and total cumulative return in cash totals $2,847. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,321/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
137.90 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Listed for sale | $1,300,000 |
| 2011-11-06 | Listing removed | $595,950 |
| 2011-02-25 | Listed for sale | $595,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amanda Jo Squyres • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20696673
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