132 Luther LnGun 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
Investment property for sale in Gun Barrel City at 132 Luther Ln, Gun Barrel City, TX, 75156 uses $41,438 cash to close to unlock $707/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $948/mo, and a $612/mo payment keeps the spread at $59/mo. Purchase price stands at $125,000, and rental yield measures 9.1% with $948/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 113.21% and total cumulative return in cash records $46,913. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $948/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
2.40 Acres lot
$N/A/sqft
No HOA
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Listed by: Ryan Studdard • Oak + Ash Realty
Mls Name: NTREIS
Mls ID: #20917603
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