115 Highland Forest DrGilmerTX75644
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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 115 Highland Forest Dr, Gilmer, TX, 75644 at $184,890 posts ROI 24.71% with $245/mo cash flow from $1,560/mo rent. Total monthly income equals $1,560/mo, and annual cash flow records $2,942/yr on $61,291 to close. Return on cash invested measures 24.71% and rental yield reads 10.12% at the current $184,890. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,082 by year five. Five-year ROI prints 129.87% and total cumulative return in cash totals $79,600.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,560/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A 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 |
Housing Distribution
Address Breakdown
Residential
5,055
Single Family
4,937
Multi-Family
118
Businesses
665
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Listed by: Noahmi Parra • Jason Mitchell Real Estate Texas, LLC
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25006756
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.