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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 224 Cactus Ln, Gordon, TX, 76453 generates $917/mo in rent, after a $1,640/mo payment. Total monthly income is $917/mo. Return on cash invested sits at 4.07% in year one, and rental yield is 3.28% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 19.14% and total cumulative return in cash sums $21,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $917/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.57 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-11-18 | Listed for sale | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4345.46 | 44.05% | $266,450 | 25.41% |
| 2023-02-13 | $3016.72 | -10.12% | $212,470 | N/A |
| 2022-02-13 | $3356.20 | 48.92% | $212,470 | 73.09% |
Listed by: Dewayne Elston • CLARK REAL ESTATE GROUP
Mls Name: NTREIS
Mls ID: #20780348
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.
