7402 Cedarwood TrlGilmerTX75645
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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 7402 Cedarwood Trl, Gilmer, TX, 75645 generates $988/mo in rent and, after a $624/mo payment, leaves $81/mo in cash flow. Total monthly income is $988/mo, and annual cash flow is $976/yr on $42,266 invested. Return on cash invested sits at 22.22% in year one, and rental yield is 9.3% on a $127,500 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation builds toward $35,226 over five years. Five-year ROI reaches 116.51% and total cumulative return in cash sums $49,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $988/mo property income rather than buyer’s personal income.
Manufactured
Built in 1981
0.52 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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