1903 N Weaver StGainesvilleTX76240
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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 Gainesville at 1903 N Weaver St, Gainesville, TX, 76240 offers a 8.46% rental yield on a $320,000 purchase with $2,255/mo rent. 68% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 102.83% and total cumulative return in cash at $109,083. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,255/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76240, Gainesville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,723 (100%) |
| Owner Occupied HU | 7,328 (57.6%) |
| Renter Occupied HU | 3,939 (31.0%) |
| Vacant Housing Units | 1,456 (11.4%) |
| Median Home Value | $256,540 |
| Average Home Value | $356,674 |
Housing Distribution
Address Breakdown
Residential
12,229
Single Family
11,179
Multi-Family
1,050
Businesses
972
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Listed by: MISTY SCHMITZ • TIERRA REAL ESTATE
Mls Name: NTREIS
Mls ID: #21118965