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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Gordon at 400 Chism Trl, Gordon, TX, 76453 priced at $595,000 converts $1,687/mo rent into after a $2,912/mo obligation. Total monthly income equals $1,687/mo. Return on cash invested prints 4.47% in year one, and rental yield reads 3.4% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 21.23% and total cumulative return in cash sums $41,558. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,687/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.62 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-05-22 | Listed for sale | $595,000 |
| 2023-04-06 | Listing removed | N/A |
| 2022-12-28 | Listing removed | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $3731.77 | -10.11% | $274,830 | N/A |
| 2022-10-23 | $4151.68 | 76.25% | $274,830 | 70.15% |
| 2021-10-23 | $2355.53 | -25.44% | $161,520 | -6.31% |
Listed by: Christy Dorr • Cornerstone Home and Ranch
Mls Name: NTREIS
Mls ID: #20625133
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