593 Briarwood DrGladewaterTX75647
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
Investment property for sale in Gladewater at 593 Briarwood Dr, Gladewater, TX, 75647 listed at $289,900 pairs $2,166/mo rent with a $1,419/mo payment to leave $104/mo cash flow. Total monthly income runs $2,166/mo, and annual cash flow reaches $1,253/yr on $96,102 cash to close. Return on cash invested measures 21.21% in year one, and rental yield registers 8.97% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 111.07% and total cumulative return in cash totals $106,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,166/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Kessler • Texas Real Estate Executives-Gladewater
Mls Name: GTARMLS
Mls ID: #25008022