101 Red Pheasant DrGilmerTX75645
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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 Gilmer at 101 Red Pheasant Dr, Gilmer, TX, 75645 with 5% annual appreciation on a $232,000 basis while $2,178/mo rent supports operations. Total monthly income totals $2,178/mo and a $1,136/mo payment preserves $528/mo for cash returns. Annual cash flow comes to $6,333/yr on $76,908 deployed, and return on cash invested reaches 28.14% in year one. Equity gained on principal adds $1,497/yr, and five-year appreciation sums $64,097 alongside rental yield of 11.27%. Five-year ROI measures 148.21% and total cumulative return in cash totals $113,987.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,178/mo property income versus a $1,136/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75645, Gilmer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,934 (100%) |
| Owner Occupied HU | 3,690 (74.8%) |
| Renter Occupied HU | 875 (17.7%) |
| Vacant Housing Units | 369 ( 7.5%) |
| Median Home Value | $212,321 |
| Average Home Value | $264,908 |
Housing Distribution
Address Breakdown
Residential
4,576
Single Family
4,522
Multi-Family
54
Businesses
77
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