257 Oak Valley DrGilmerTX75645
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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
Rental property for sale in Gilmer at 257 Oak Valley Dr, Gilmer, TX, 75645 priced at $266,400 converts $3,178/mo rent into $1,283/mo cash flow after a $1,304/mo obligation. Total monthly income equals $3,178/mo, and annual cash flow totals $15,402/yr on $88,312 invested. Return on cash invested prints 37.35% in year one, and rental yield reads 14.32% against a $266,400 entry. Equity gained on principal adds $1,719/yr, while 5% annual appreciation compiles into $73,601 by year five. Five-year ROI reaches 197.6% and total cumulative return in cash sums $174,503. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,178/mo property income covering a $1,304/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A 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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