10953 E Fordham AveGardendaleTX79758
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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 10953 E Fordham Ave, Gardendale, TX, 79758 uses $96,135 cash to close to unlock $5,498/yr annual cash flow and $458/mo monthly cash flow. Total monthly income runs $2,520/mo, and a $1,419/mo payment keeps the spread at $458/mo. Purchase price stands at $289,999, and rental yield measures 10.43% with $2,520/mo rent. Return on cash invested shows 25.63% in year one, and 5% annual appreciation builds toward $80,121 over five years. Five-year ROI reaches 134.75% and total cumulative return in cash records $129,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Manufactured
Built in 2026
1.10 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: Cameron Willmann • Keller Williams
Mls Name: PBBR
Mls ID: #50090126