11535 Gammon AveRhomeTX76078
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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
Rental property for sale in Rhome at 11535 Gammon Ave, Rhome, TX, 76078 generates $2,826/mo in rent and, after a $1,459/mo payment, leaves $663/mo in cash flow. Total monthly income is $2,826/mo, and annual cash flow is $7,953/yr on $98,836 invested. Return on cash invested sits at 27.96% in year one, and rental yield is 11.37% on a $298,149 entry. Equity gained on principal adds $1,924/yr, while 5% annual appreciation builds toward $82,373 over five years. Five-year ROI reaches 147.39% and total cumulative return in cash sums $145,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,826/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
5,270 sqft lot
$N/A/sqft
$130 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76078, Rhome, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,203 (100%) |
| Owner Occupied HU | 3,527 (83.9%) |
| Renter Occupied HU | 495 (11.8%) |
| Vacant Housing Units | 181 ( 4.3%) |
| Median Home Value | $377,331 |
| Average Home Value | $441,454 |
Housing Distribution
Address Breakdown
Residential
4,000
Single Family
4,000
Multi-Family
0
Businesses
245
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Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20985974
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.