1410 N Bradford StGilmerTX75644
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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
Rental property for sale in Gilmer at 1410 N Bradford St, Gilmer, TX, 75644 offers $2,502/mo rent that, after a $1,541/mo payment, leaves $263/mo cash flow. Total monthly income is $2,502/mo, and annual cash flow is $3,156/yr on $104,389 cash. Return on cash invested measures 22.93% in year one, and rental yield stands at 9.53% at a $314,900 entry. Equity gained on principal adds $2,032/yr while 5% annual appreciation compounds into $87,001 by year five. Five-year ROI records 120.25% and total cumulative return in cash reaches $125,530. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,502/mo property income versus a $1,541/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.48 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 |
Housing Distribution
Address Breakdown
Residential
5,055
Single Family
4,937
Multi-Family
118
Businesses
665
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