11706 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
Investment property for sale in Rhome at 11706 Gammon Ave, Rhome, TX, 76078 offers a 12.35% rental yield on a $274,549 purchase with $2,826/mo rent. Total monthly income registers $2,826/mo, and a $1,344/mo payment leaves $830/mo available for distribution. Annual cash flow reaches $9,961/yr on $91,013 to close, and return on cash invested stands at 30.85% in year one. Equity gained on principal adds $1,772/yr while 5% annual appreciation supports $75,853 over five years. Portfolio math shows five-year ROI at 162.99% and total cumulative return in cash at $148,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,826/mo property income against a $1,344/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,445 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: #20964059
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.