1502 Old Settlers WayBuffalo GapTX79508
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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 Buffalo Gap at 1502 Old Settlers Way, Buffalo Gap, TX, 79508 uses $102,732 cash to close to unlock $6,145/yr annual cash flow and $512/mo monthly cash flow. Total monthly income runs $2,716/mo, and a $1,517/mo payment keeps the spread at $512/mo. Purchase price stands at $309,900, and rental yield measures 10.52% with $2,716/mo rent. Return on cash invested shows 25.89% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 136.16% and total cumulative return in cash records $139,884. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,716/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 2018
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79508, Buffalo Gap, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 586 (100%) |
| Owner Occupied HU | 506 (86.3%) |
| Renter Occupied HU | 49 ( 8.4%) |
| Vacant Housing Units | 31 ( 5.3%) |
| Median Home Value | $358,407 |
| Average Home Value | $394,298 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
542
Multi-Family
0
Businesses
72
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Listed by: Staci Brodbeck • Sendero Properties, LLC
Mls Name: NTREIS
Mls ID: #21062818