943 Gibbard AveWills PointTX75169
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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 Wills Point at 943 Gibbard Ave, Wills Point, TX, 75169 uses $74,588 cash to close to unlock $3,303/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,875/mo, and a $1,101/mo payment keeps the spread at $275/mo. Purchase price stands at $225,000, and rental yield measures 10% with $1,875/mo rent. Return on cash invested shows 24.34% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 127.87% and total cumulative return in cash records $95,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,875/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75169, Wills Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,834 (100%) |
| Owner Occupied HU | 5,380 (68.7%) |
| Renter Occupied HU | 1,664 (21.2%) |
| Vacant Housing Units | 790 (10.1%) |
| Median Home Value | $230,460 |
| Average Home Value | $317,907 |
Housing Distribution
Address Breakdown
Residential
6,794
Single Family
6,744
Multi-Family
50
Businesses
484
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Listed by: Deana Boyd • Competitive Edge Realty LLC
Mls Name: NTREIS
Mls ID: #21152970