306 Pueblo DrGilmerTX75644
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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 306 Pueblo Dr, Gilmer, TX, 75644 priced at $329,900 converts $2,348/mo rent into $2/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,348/mo, and annual cash flow totals $21/yr on $109,362 invested. Return on cash invested prints 19.93% in year one, and rental yield reads 8.54% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 104.15% and total cumulative return in cash sums $113,895. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,348/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75644, Gilmer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,216 (100%) |
| Owner Occupied HU | 3,397 (65.1%) |
| Renter Occupied HU | 1,198 (23.0%) |
| Vacant Housing Units | 621 (11.9%) |
| Median Home Value | $174,137 |
| Average Home Value | $208,087 |
Housing Distribution
Address Breakdown
Residential
5,055
Single Family
4,937
Multi-Family
118
Businesses
665
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