508 Straws Mill RdGatesvilleTX76528
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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 Gatesville at 508 Straws Mill Rd, Gatesville, TX, 76528 earns from $2,232/mo rent with a $1,652/mo payment. Total monthly income totals $2,232/mo. ROI tracks 18.11% on current figures, and rental yield reads 7.94% at a $337,500 purchase. Equity gained on principal adds $2,178/yr, and 5% annual appreciation supports $93,245 over five years. Five-year ROI reaches 94.38% and total cumulative return in cash sums $105,589. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,232/mo property income instead of your personal income.
Single Family
Built in 1980
0.26 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: Lute Sullins • Tejas Real Estate
Mls Name: Central Texas MLS
Mls ID: #572379