2437 Goldfinch RdGilmerTX75645
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 Gilmer at 2437 Goldfinch Rd, Gilmer, TX, 75645 offers $2,563/mo rent that, after a $4,552/mo payment. Total monthly income is $2,563/mo. Return on cash invested measures 4.17% in year one, and rental yield stands at 3.31% at a $930,000 entry. Equity gained on principal adds $6,001/yr while 5% annual appreciation compounds into $256,942 by year five. Five-year ROI records 19.66% and total cumulative return in cash reaches $60,142. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,563/mo property income versus a $4,552/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
37.85 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
