224 Barrington CirGordonvilleTX76245
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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 Gordonville at 224 Barrington Cir, Gordonville, TX, 76245 uses $33,150 cash to close to unlock $25,283/yr annual cash flow and $2,107/mo monthly cash flow. Total monthly income runs $2,969/mo, and a $489/mo payment keeps the spread at $2,107/mo. Purchase price stands at $100,000, and rental yield measures 35.63% with $2,969/mo rent. Return on cash invested shows 96.18% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 515.02% and total cumulative return in cash records $170,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,969/mo property income covering a $489/mo payment rather than investor’s personal income.
Lot
Built in N/A
0.30 Acres lot
$N/A/sqft
$685 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76245, Gordonville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,557 (100%) |
| Owner Occupied HU | 831 (53.4%) |
| Renter Occupied HU | 130 ( 8.3%) |
| Vacant Housing Units | 596 (38.3%) |
| Median Home Value | $251,500 |
| Average Home Value | $307,644 |
Housing Distribution
Address Breakdown
Residential
1,269
Single Family
1,269
Multi-Family
0
Businesses
51
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Listed by: Deepa Lakshmi Ramachandran • Meru Realty, LLC
Mls Name: NTREIS
Mls ID: #20580721
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.