404 Fennimore StGatesvilleTX76528
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Nearby investment properties with comparable prices
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 Gatesville at 404 Fennimore St, Gatesville, TX, 76528 priced at $254,000 pairs $1,960/mo rent with $154/mo cash flow after a $1,243/mo payment. Total monthly income equals $1,960/mo, and annual cash flow comes to $1,848/yr on $84,201 invested. Return on cash invested is 22.1% in year one, and rental yield stands at 9.26% on a $254,000 basis. Equity gained on principal adds $1,639/yr, and 5% annual appreciation accumulates to $70,176 by year five. Five-year ROI measures 115.82% and total cumulative return in cash reaches $97,518. For financing, Ziffy Mortgage’s DSCR program evaluates $1,960/mo property income against a $1,243/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76528, Gatesville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,001 (100%) |
| Owner Occupied HU | 4,906 (61.3%) |
| Renter Occupied HU | 2,134 (26.7%) |
| Vacant Housing Units | 961 (12.0%) |
| Median Home Value | $263,559 |
| Average Home Value | $325,265 |
Housing Distribution
Address Breakdown
Residential
7,502
Single Family
7,326
Multi-Family
176
Businesses
555
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Listed by: Carol Easters • Coldwell Banker Realty
Mls Name: Central Texas MLS
Mls ID: #588590