301 W Commerce AveGladewaterTX75647
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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 $1,635/mo, and a $3,108/mo payment. Purchase price stands at $634,900, and rental yield measures 3.09% with $1,635/mo rent. Return on cash invested shows 3.51% in year one, and 5% annual appreciation builds toward $175,411 over five years. Five-year ROI reaches 16.1% and total cumulative return in cash records $33,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,635/mo property income covering a $3,108/mo payment rather than investor’s personal income.
Multi Family
Built in 1932
0.73 Acres 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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Listed by: Charlotte Williams • Keller Williams Realty-Tyler
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25013240
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.