1008 Gilmer RdWinnsboroTX75494
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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 Winnsboro at 1008 Gilmer Rd, Winnsboro, TX, 75494 uses $127,628 cash to close to unlock $3,919/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $3,064/mo, and a $1,884/mo payment keeps the spread at $327/mo. Purchase price stands at $385,000, and rental yield measures 9.55% with $3,064/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 120.52% and total cumulative return in cash records $153,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,064/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1970
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75494, Winnsboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,321 (100%) |
| Owner Occupied HU | 3,356 (63.1%) |
| Renter Occupied HU | 1,231 (23.1%) |
| Vacant Housing Units | 734 (13.8%) |
| Median Home Value | $227,593 |
| Average Home Value | $310,940 |
Housing Distribution
Address Breakdown
Residential
5,087
Single Family
4,915
Multi-Family
172
Businesses
510
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