1015 N Live Oak Rd, Gilmer, TX, 75644 | $436/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1456 sft

2909 W Gay Ave, Gladewater, TX, 75647

3 Bed
2 Bath
1581 sft

4159 Scrub Pine Rd, Big Sandy, TX, 75755

5 Bed
3 Bath
3380 sft

7680 State Highway 80, Hawkins, TX, 75765

3 Bed
2 Bath
1756 sft

210 Magnolia Ln, Holly Lake Ranch, TX, 75765

Nearby investment properties with comparable prices

- Bed
- Bath
1712 sft

612-614 N Canfield St, Gladewater, TX, 75647

2 Bed
2 Bath
1246 sft

102 Sage Rd, Longview, TX, 75604

3 Bed
2 Bath
1865 sft

107 E Hope Dr, Longview, TX, 75604

5 Bed
3 Bath
2366 sft

2723 Myrtle Rd, Diana, TX, 75640

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Gilmer at 1015 N Live Oak Rd, Gilmer, TX, 75644 generates $2,207/mo in rent and, after a $1,219/mo payment, leaves $436/mo in cash flow. Total monthly income is $2,207/mo, and annual cash flow is $5,233/yr on $82,544 invested. Return on cash invested sits at 26.25% in year one, and rental yield is 10.64% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 138.1% and total cumulative return in cash sums $113,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,207/mo property income rather than buyer’s personal income.

Single Family

Built in 1950

1.19 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 75644, Gilmer, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,216 (100%)
Owner Occupied HU	3,397 (65.1%)
Renter Occupied HU	1,198 (23.0%)
Vacant Housing Units	621 (11.9%)
Median Home Value	$174,137
Average Home Value	$208,087