1501 South StGatesvilleTX76528
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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 Gatesville at 1501 South St, Gatesville, TX, 76528 listed at $135,000 pairs $1,021/mo rent with a $661/mo payment to leave $61/mo cash flow. Total monthly income runs $1,021/mo, and annual cash flow reaches $729/yr on $44,753 cash to close. Return on cash invested measures 21.54% in year one, and rental yield registers 9.08% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 112.84% and total cumulative return in cash totals $50,497. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,021/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2007
10,707 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76528, Gatesville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,001 (100%) |
| Owner Occupied HU | 4,906 (61.3%) |
| Renter Occupied HU | 2,134 (26.7%) |
| Vacant Housing Units | 961 (12.0%) |
| Median Home Value | $263,559 |
| Average Home Value | $325,265 |
Housing Distribution
Address Breakdown
Residential
7,502
Single Family
7,326
Multi-Family
176
Businesses
555
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Listed by: Andrew James • Front Porch Realty
Mls Name: Central Texas MLS
Mls ID: #583665