702 Slater 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
Rental property for sale in Gatesville at 702 Slater Rd, Gatesville, TX, 76528 priced at $934,970 converts $1,271/mo rent into after a $4,576/mo obligation. Total monthly income equals $1,271/mo. Return on cash invested prints -0.92% in year one, and rental yield reads 1.63% against a $934,970 entry. Equity gained on principal adds $6,033/yr, while 5% annual appreciation compiles into $258,315 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,271/mo property income covering a $4,576/mo payment, not borrower’s personal income.
Single Family
Built in 1915
182 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: N/A • N/A
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