1359 County Road 195GormanTX76454
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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 Gorman at 1359 County Road 195, Gorman, TX, 76454 earns from $0/mo rent with a $6,681/mo payment. Total monthly income totals $0/mo. ROI tracks -5.97% on current figures, and rental yield reads 0% at a $1,365,000 purchase. Equity gained on principal adds $8,808/yr, and 5% annual appreciation supports $377,124 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 2019
132.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76454, Gorman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 804 (100%) |
| Owner Occupied HU | 506 (62.9%) |
| Renter Occupied HU | 122 (15.2%) |
| Vacant Housing Units | 176 (21.9%) |
| Median Home Value | $116,935 |
| Average Home Value | $285,395 |
Housing Distribution
Address Breakdown
Residential
497
Single Family
497
Multi-Family
0
Businesses
42
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No similar rental properties found nearby.
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Listed by: Michael Miller • CENTURY 21 Judge Fite Co Waco
Mls Name: NTREIS
Mls ID: #20901937
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