7078 State Highway 154 EGilmerTX75645
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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
Rental property for sale in Gilmer at 7078 State Highway 154 E, Gilmer, TX, 75645 generates $2,076/mo in rent, after a $1,542/mo payment. Total monthly income is $2,076/mo. Return on cash invested sits at 18.02% in year one, and rental yield is 7.91% on a $314,950 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,015 over five years. Five-year ROI reaches 93.94% and total cumulative return in cash sums $98,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,076/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
5.02 Acres lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: Diane M Brewer • Texas Real Estate Executives, The Daniels Group - Gilmer
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20246543
Disclaimer: Copyright 2025 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.