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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ganado at 896 Fm 1683, Ganado, TX, 77962 offers a 5.78% rental yield on a $585,000 purchase with $2,820/mo rent. 71% in year one. Equity gained on principal adds $3,775/yr while 5% annual appreciation supports $161,625 over five years. Portfolio math shows five-year ROI at 60.06% and total cumulative return in cash at $115,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,820/mo property income against a $2,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77962, Ganado, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 924 (67.1%) |
| Renter Occupied HU | 282 (20.5%) |
| Vacant Housing Units | 172 (12.5%) |
| Median Home Value | $253,763 |
| Average Home Value | $307,827 |
Residential
637
Single Family
637
Multi-Family
0
Businesses
109
Date | Event | Price |
|---|---|---|
| 2024-05-14 | Price change | $585,000 |
| 2024-03-27 | Listed for sale | $625,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $609.61 | -13.70% | $141,130 | 10.00% |
| 2022-10-15 | $706.38 | -1.12% | $128,300 | 10.00% |
| 2021-10-15 | $714.41 | 7.57% | $116,640 | 10.00% |
Listed by: Lindsey Lee • Twin Rivers Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #23108068
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