2215 Gontier DrBay CityTX77414
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 Bay City at 2215 Gontier Dr, Bay City, TX, 77414 offers $1,545/mo rent that, after a $1,087/mo payment. Total monthly income is $1,545/mo. Return on cash invested measures 17.47% in year one, and rental yield stands at 8.35% at a $222,000 entry. Equity gained on principal adds $1,433/yr while 5% annual appreciation compounds into $61,335 by year five. Five-year ROI records 91.69% and total cumulative return in cash reaches $67,479. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,545/mo property income versus a $1,087/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
7,683 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77414, Bay City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,030 (100%) |
| Owner Occupied HU | 6,164 (47.3%) |
| Renter Occupied HU | 3,432 (26.3%) |
| Vacant Housing Units | 3,434 (26.4%) |
| Median Home Value | $189,855 |
| Average Home Value | $219,981 |
Housing Distribution
Address Breakdown
Residential
9,859
Single Family
8,140
Multi-Family
1,719
Businesses
776
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Nearby investment properties with comparable prices
Listed by: Gilbert Garcia Ayala • AroundTown Properties Inc
Mls Name: HAR
Mls Provider:
Mls ID: #67503577
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