524 Harris StGunterTX75058
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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 Gunter at 524 Harris St, Gunter, TX, 75058 priced at $374,900 converts $2,596/mo rent into after a $1,835/mo obligation. Total monthly income equals $2,596/mo. Return on cash invested prints 19.23% in year one, and rental yield reads 8.31% against a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation compiles into $103,578 by year five. Five-year ROI reaches 100.42% and total cumulative return in cash sums $124,795. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,596/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75058, Gunter, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,458 (100%) |
| Owner Occupied HU | 1,085 (74.4%) |
| Renter Occupied HU | 256 (17.6%) |
| Vacant Housing Units | 117 ( 8.0%) |
| Median Home Value | $514,071 |
| Average Home Value | $592,502 |
Housing Distribution
Address Breakdown
Residential
1,392
Single Family
1,392
Multi-Family
0
Businesses
161
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