305 County Road 193GaryTX75643
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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 Gary at 305 County Road 193, Gary, TX, 75643 generates $2,279/mo in rent, after a $2,423/mo payment. Total monthly income is $2,279/mo. Return on cash invested sits at 10.83% in year one, and rental yield is 5.52% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 55.37% and total cumulative return in cash sums $90,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,279/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75643, Gary, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,097 (100%) |
| Owner Occupied HU | 718 (65.5%) |
| Renter Occupied HU | 108 ( 9.8%) |
| Vacant Housing Units | 271 (24.7%) |
| Median Home Value | $205,093 |
| Average Home Value | $242,169 |
Housing Distribution
Address Breakdown
Residential
934
Single Family
934
Multi-Family
0
Businesses
28
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