201 S Montgomery StGilmerTX75644
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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
Rental property for sale in Gilmer at 201 S Montgomery St, Gilmer, TX, 75644 priced at $169,500 pairs $3,800/mo rent with $2,594/mo cash flow after a $830/mo payment. Total monthly income equals $3,800/mo, and annual cash flow comes to $31,131/yr on $56,189 invested. Return on cash invested is 75.31% in year one, and rental yield stands at 26.9% on a $169,500 basis. Equity gained on principal adds $1,094/yr, and 5% annual appreciation accumulates to $46,830 by year five. Five-year ROI measures 401.24% and total cumulative return in cash reaches $225,452. For financing, Ziffy Mortgage’s DSCR program evaluates $3,800/mo property income against a $830/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
5,754 sqft 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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