1518 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 1518 Old Settlers Way, Buffalo Gap, TX, 79508 listed at $310,500 pairs $2,470/mo rent with a $1,520/mo payment to leave $245/mo cash flow. Total monthly income runs $2,470/mo, and annual cash flow reaches $2,941/yr on $102,931 cash to close. Return on cash invested measures 22.77% in year one, and rental yield registers 9.55% at a $310,500 basis. Equity gained on principal adds $2,004/yr, and annual property appreciation at 5% supports $85,785 by year five. Five-year ROI tracks 119.48% and total cumulative return in cash totals $122,984. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,470/mo property income relative to a $1,520/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
7,884 sqft lot
$N/A/sqft
$200 annually 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: Kelsey Holson • Sendero Properties, LLC
Mls Name: NTREIS
Mls ID: #20897282
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.