318 Luther LnGun barrel cityTX75156
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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
Investment property for sale in Gun barrel city at 318 Luther Ln, Gun barrel city, TX, 75156 offers a 9.21% rental yield on a $175,000 purchase with $1,343/mo rent. Total monthly income registers $1,343/mo, and a $857/mo payment leaves $98/mo available for distribution. Annual cash flow reaches $1,177/yr on $58,013 to close, and return on cash invested stands at 21.94% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 115.02% and total cumulative return in cash at $66,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,343/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2011
1.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Mike Mannion • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20933034
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