26 Morning View DrGordonvilleTX76245
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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
Rental property for sale in Gordonville at 26 Morning View Dr, Gordonville, TX, 76245 generates $1,516/mo in rent and, after a $974/mo payment, leaves $101/mo in cash flow. Total monthly income is $1,516/mo, and annual cash flow is $1,211/yr on $65,969 invested. Return on cash invested sits at 21.74% in year one, and rental yield is 9.14% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 113.9% and total cumulative return in cash sums $75,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,516/mo property income rather than buyer’s personal income.
Manufactured
Built in 2021
10,018 sqft lot
$N/A/sqft
No 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: Rhonda Ishmael • Post Oak Realty-W'Boro
Mls Name: NTREIS
Mls ID: #20905857
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.