4620 Fm 1783GatesvilleTX76528
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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 Gatesville at 4620 Fm 1783, Gatesville, TX, 76528 generates $3,210/mo in rent, after a $3,152/mo payment. Total monthly income is $3,210/mo. Return on cash invested sits at 12.3% in year one, and rental yield is 5.98% on a $644,000 entry. Equity gained on principal adds $4,156/yr, while 5% annual appreciation builds toward $177,925 over five years. Five-year ROI reaches 63.25% and total cumulative return in cash sums $134,018. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,210/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
5.11 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: Sue Milam Reed • Kelly, Realtors
Mls Name: NTREIS
Mls ID: #21095985