308 N Cotton Belt AveGustineTX76455
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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 Gustine at 308 N Cotton Belt Ave, Gustine, TX, 76455 priced at $289,000 pairs $2,440/mo rent with $384/mo cash flow after a $1,415/mo payment. Total monthly income equals $2,440/mo, and annual cash flow comes to $4,613/yr on $95,804 invested. Return on cash invested is 24.72% in year one, and rental yield stands at 10.13% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 129.89% and total cumulative return in cash reaches $124,442. For financing, Ziffy Mortgage’s DSCR program evaluates $2,440/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76455, Gustine, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 561 (100%) |
| Owner Occupied HU | 349 (62.2%) |
| Renter Occupied HU | 94 (16.8%) |
| Vacant Housing Units | 118 (21.0%) |
| Median Home Value | $406,410 |
| Average Home Value | $483,302 |
Housing Distribution
Address Breakdown
Residential
354
Single Family
354
Multi-Family
0
Businesses
36
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