1600 Venus DrGatesvilleTX76528
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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
Rental property for sale in Gatesville at 1600 Venus Dr, Gatesville, TX, 76528 offers $1,532/mo rent that, after a $929/mo payment, leaves $182/mo cash flow. Total monthly income is $1,532/mo, and annual cash flow is $2,185/yr on $62,952 cash. Return on cash invested measures 23.38% in year one, and rental yield stands at 9.68% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 122.75% and total cumulative return in cash reaches $77,273. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,532/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.30 Acres 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: Amber Carothers • Front Porch Realty
Mls Name: Central Texas MLS
Mls ID: #578775