207 Saunders StGladewaterTX75647








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
Rental property for sale in Gladewater at 207 Saunders St, Gladewater, TX, 75647 priced at $179,000 converts $2,664/mo rent into $1,391/mo cash flow after a $876/mo obligation. Total monthly income equals $2,664/mo, and annual cash flow totals $16,695/yr on $59,339 invested. Return on cash invested prints 48.04% in year one, and rental yield reads 17.86% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 255% and total cumulative return in cash sums $151,311. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,664/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1971
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75647, Gladewater, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,939 (100%) |
| Owner Occupied HU | 3,749 (63.1%) |
| Renter Occupied HU | 1,511 (25.4%) |
| Vacant Housing Units | 679 (11.4%) |
| Median Home Value | $194,099 |
| Average Home Value | $248,846 |
Housing Distribution
Address Breakdown
Residential
5,440
Single Family
5,419
Multi-Family
21
Businesses
469
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Nearby investment properties with comparable prices



Listed by: Tracy W Mcknight • Tracy McKnight Real Estate
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20240292
Disclaimer: Copyright 2024 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.








