6495 Parkwood 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
Investment property for sale in Gilmer at 6495 Parkwood Dr, Gilmer, TX, 75645 earns $2,289/mo cash flow from $5,419/mo rent with a $2,127/mo payment. Total monthly income totals $5,419/mo, and annual cash flow totals $27,466/yr on $144,037 capital. ROI tracks 38.98% on current figures, and rental yield reads 14.97% at a $434,500 purchase. Equity gained on principal adds $2,804/yr, and 5% annual appreciation supports $120,044 over five years. Five-year ROI reaches 206.42% and total cumulative return in cash sums $297,323. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,419/mo property income instead of your personal income.
Single Family
Built in 2021
1.52 Acres lot
$N/A/sqft
$40 monthly 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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Listed by: Dee Wingfield • Texas Real Estate Executives-Gilmer
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24004119
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.