201 Dodds Creek DrGatesvilleTX76528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 201 Dodds Creek Dr, Gatesville, TX, 76528 priced at $450,000 converts $2,249/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,249/mo. Return on cash invested prints 12.25% in year one, and rental yield reads 6% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 63.02% and total cumulative return in cash sums $94,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,249/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1975
2.66 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Mikeska • Jacobs & Mikeska Realtors
Mls Name: Central Texas MLS
Mls ID: #589979