764 County Road 147GainesvilleTX76240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gainesville at 764 County Road 147, Gainesville, TX, 76240 earns from $2,354/mo rent with a $1,908/mo payment. Total monthly income totals $2,354/mo. ROI tracks 16.03% on current figures, and rental yield reads 7.24% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 83.22% and total cumulative return in cash sums $107,569. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,354/mo property income instead of your personal income.
Single Family
Built in 1940
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76240, Gainesville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,723 (100%) |
| Owner Occupied HU | 7,328 (57.6%) |
| Renter Occupied HU | 3,939 (31.0%) |
| Vacant Housing Units | 1,456 (11.4%) |
| Median Home Value | $256,540 |
| Average Home Value | $356,674 |
Housing Distribution
Address Breakdown
Residential
12,229
Single Family
11,179
Multi-Family
1,050
Businesses
972
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cami Hobbs Riley • Keller Williams Prosper Celina
Mls Name: NTREIS
Mls ID: #21102322