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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Gorman at 1609 Beech St, Gorman, TX, 76437 listed at $369,000 pairs $2,838/mo rent with a $1,806/mo payment to leave $214/mo cash flow. Total monthly income runs $2,838/mo, and annual cash flow reaches $2,569/yr on $122,324 cash to close. Return on cash invested measures 22.01% in year one, and rental yield registers 9.23% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 115.35% and total cumulative return in cash totals $141,099. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,838/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76437, Cisco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,869 (100%) |
| Owner Occupied HU | 1,580 (55.1%) |
| Renter Occupied HU | 586 (20.4%) |
| Vacant Housing Units | 703 (24.5%) |
| Median Home Value | $152,344 |
| Average Home Value | $215,097 |
Residential
2,593
Single Family
2,545
Multi-Family
48
Businesses
313
Date | Event | Price |
|---|---|---|
| 2025-04-19 | Price change | $369,000 |
| 2025-03-04 | Listed for sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-19 | N/A | N/A | $269,800 | 242.86% |
| 2023-04-19 | N/A | N/A | $78,690 | 191.34% |
| 2022-04-19 | N/A | N/A | $27,010 | 49.23% |
Listed by: Gayelena Rener • Trinity Ranch Land Cisco
Mls Name: NTREIS
Mls ID: #20909096
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.
