385 County Road 191GaryTX75643
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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 Gary at 385 County Road 191, Gary, TX, 75643 uses $41,438 cash to close to unlock $2,519/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $1,099/mo, and a $612/mo payment keeps the spread at $210/mo. Purchase price stands at $125,000, and rental yield measures 10.55% with $1,099/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 136.61% and total cumulative return in cash records $56,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,099/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
0.60 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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