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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% |
Rental property for sale in Lipan at 175 Gilmore Ct, Lipan, TX, 76462 priced at $499,500 pairs $1,800/mo rent with after a $2,445/mo payment. Total monthly income equals $1,800/mo. Return on cash invested is 6.91% in year one, and rental yield stands at 4.32% on a $499,500 basis. Equity gained on principal adds $3,223/yr, and 5% annual appreciation accumulates to $138,003 by year five. Five-year ROI measures 34.47% and total cumulative return in cash reaches $57,079. For financing, Ziffy Mortgage’s DSCR program evaluates $1,800/mo property income against a $2,445/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
2.08 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Price change | $499,500 |
| 2024-12-24 | Listed for sale | $510,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lori Wylie • JDS REALTY
Mls Name: NTREIS
Mls ID: #20802606
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.
