








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 Gordon at 1780 S Lakeview Dr, Gordon, TX, 76453 priced at $689,000 converts $2,310/mo rent into after a $3,372/mo obligation. Total monthly income equals $2,310/mo. Return on cash invested prints 6.35% in year one, and rental yield reads 4.02% against a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation compiles into $190,358 by year five. Five-year ROI reaches 31.34% and total cumulative return in cash sums $71,034. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,310/mo property income covering a $3,372/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.74 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $689,000 |
| 2020-07-30 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-19 | $3958.60 | 0.38% | $375,900 | 3.81% |
| 2023-04-19 | $3943.43 | -16.76% | $362,110 | 6.81% |
| 2022-04-19 | $4737.68 | -9.96% | $339,010 | 9.28% |



Listed by: Lori Mayo • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20906569
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