1011 Gilmer RdWinnsboroTX75494
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 Winnsboro at 1011 Gilmer Rd, Winnsboro, TX, 75494 uses $49,725 cash to close to unlock $11,442/yr annual cash flow and $954/mo monthly cash flow. Total monthly income runs $2,020/mo, and a $734/mo payment keeps the spread at $954/mo. Purchase price stands at $150,000, and rental yield measures 16.16% with $2,020/mo rent. Return on cash invested shows 42.92% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 227.51% and total cumulative return in cash records $113,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,020/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tamara Clark • Promised Land Group, LLC
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24010301
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.