301 S Gate Gardens StIowa ParkTX76367
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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 Iowa Park at 301 S Gate Gardens St, Iowa Park, TX, 76367 offers $1,314/mo rent that, after a $1,114/mo payment. Total monthly income is $1,314/mo. Return on cash invested measures 15.08% in year one, and rental yield stands at 6.93% at a $227,500 entry. Equity gained on principal adds $1,468/yr while 5% annual appreciation compounds into $62,854 by year five. Five-year ROI records 78.19% and total cumulative return in cash reaches $58,970. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,314/mo property income versus a $1,114/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
5.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76367, Iowa Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,226 (100%) |
| Owner Occupied HU | 3,191 (75.5%) |
| Renter Occupied HU | 771 (18.2%) |
| Vacant Housing Units | 264 ( 6.2%) |
| Median Home Value | $192,809 |
| Average Home Value | $217,260 |
Housing Distribution
Address Breakdown
Residential
4,072
Single Family
4,054
Multi-Family
18
Businesses
253
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