500 Avalon DrGladewaterTX75647
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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 Gladewater at 500 Avalon Dr, Gladewater, TX, 75647 offers $1,562/mo rent that, after a $798/mo payment, leaves $403/mo cash flow. Total monthly income is $1,562/mo, and annual cash flow is $4,832/yr on $54,035 cash. Return on cash invested measures 28.85% in year one, and rental yield stands at 11.5% at a $163,000 entry. Equity gained on principal adds $1,052/yr while 5% annual appreciation compounds into $45,034 by year five. Five-year ROI records 152.03% and total cumulative return in cash reaches $82,147. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,562/mo property income versus a $798/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.29 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: Gina Russell • Miller Homes Group
Mls Name: GTARMLS
Mls ID: #25017509