716 Gordon AveAlbanyTX76430
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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 Albany at 716 Gordon Ave, Albany, TX, 76430 offers a 25.17% rental yield on a $108,588 purchase with $2,278/mo rent. Total monthly income registers $2,278/mo, and a $531/mo payment leaves $1,506/mo available for distribution. Annual cash flow reaches $18,076/yr on $35,997 to close, and return on cash invested stands at 70.12% in year one. Equity gained on principal adds $701/yr while 5% annual appreciation supports $30,001 over five years. Portfolio math shows five-year ROI at 373.43% and total cumulative return in cash at $134,424. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,278/mo property income against a $531/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76430, Albany, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,189 (100%) |
| Owner Occupied HU | 794 (66.8%) |
| Renter Occupied HU | 192 (16.1%) |
| Vacant Housing Units | 203 (17.1%) |
| Median Home Value | $235,437 |
| Average Home Value | $242,179 |
Housing Distribution
Address Breakdown
Residential
600
Single Family
600
Multi-Family
0
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.