122 Summit Ridge DrGun Barrel CityTX75156
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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 Gun Barrel City at 122 Summit Ridge Dr, Gun Barrel City, TX, 75156 generates $1,975/mo in rent and, after a $969/mo payment, leaves $567/mo in cash flow. Total monthly income is $1,975/mo, and annual cash flow is $6,805/yr on $65,637 invested. Return on cash invested sits at 30.28% in year one, and rental yield is 11.97% on a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 159.72% and total cumulative return in cash sums $104,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,975/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
8,319 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Scott Wheeler • Texas Legacy Property Group
Mls Name: NTREIS
Mls ID: #21078867