1202 Gouger AveWilsonTX79381
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Nearby investment properties with comparable prices
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 Wilson at 1202 Gouger Ave, Wilson, TX, 79381 offers $3,094/mo rent that, after a $734/mo payment, leaves $2,028/mo cash flow. Total monthly income is $3,094/mo, and annual cash flow is $24,330/yr on $49,725 cash. Return on cash invested measures 68.84% in year one, and rental yield stands at 24.75% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 366.44% and total cumulative return in cash reaches $182,214. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,094/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79381, Wilson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 414 (71.0%) |
| Renter Occupied HU | 88 (15.1%) |
| Vacant Housing Units | 81 (13.9%) |
| Median Home Value | $275,714 |
| Average Home Value | $352,802 |
Housing Distribution
Address Breakdown
Residential
550
Single Family
550
Multi-Family
0
Businesses
30
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Listed by: Chris Brooks • Exit Realty of Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202411033
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.