2089 Cottonwood RdGilmerTX75645
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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
Total monthly income runs $1,346/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 4.97% with $1,346/mo rent. Return on cash invested shows 9.16% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 46.4% and total cumulative return in cash records $49,993. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,346/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Manufactured
Built in 2016
2.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75645, Gilmer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,934 (100%) |
| Owner Occupied HU | 3,690 (74.8%) |
| Renter Occupied HU | 875 (17.7%) |
| Vacant Housing Units | 369 ( 7.5%) |
| Median Home Value | $212,321 |
| Average Home Value | $264,908 |
Housing Distribution
Address Breakdown
Residential
4,576
Single Family
4,522
Multi-Family
54
Businesses
77
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