800 John Dean RdGilmerTX75644
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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 800 John Dean Rd, Gilmer, TX, 75644 priced at $709,000 pairs $3,594/mo rent with after a $3,470/mo payment. Total monthly income equals $3,594/mo. Return on cash invested is 12.61% in year one, and rental yield stands at 6.08% on a $709,000 basis. Equity gained on principal adds $4,575/yr, and 5% annual appreciation accumulates to $195,884 by year five. Five-year ROI measures 64.91% and total cumulative return in cash reaches $151,413. For financing, Ziffy Mortgage’s DSCR program evaluates $3,594/mo property income against a $3,470/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75644, Gilmer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,216 (100%) |
| Owner Occupied HU | 3,397 (65.1%) |
| Renter Occupied HU | 1,198 (23.0%) |
| Vacant Housing Units | 621 (11.9%) |
| Median Home Value | $174,137 |
| Average Home Value | $208,087 |
Housing Distribution
Address Breakdown
Residential
5,055
Single Family
4,937
Multi-Family
118
Businesses
665
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