237 Oak Valley DrGilmerTX75645
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
Investment property for sale in Gilmer at 237 Oak Valley Dr, Gilmer, TX, 75645 with 5% annual appreciation on a $299,900 basis while $2,460/mo rent supports operations. Total monthly income totals $2,460/mo and a $1,468/mo payment preserves $327/mo for cash returns. Annual cash flow comes to $3,927/yr on $99,417 deployed, and return on cash invested reaches 23.86% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 9.84%. Five-year ROI measures 125.26% and total cumulative return in cash totals $124,528.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,460/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
8,276 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices