912 Success StGilmerTX75644
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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 912 Success St, Gilmer, TX, 75644 listed at $245,900 pairs $2,356/mo rent with a $1,204/mo payment to leave $607/mo cash flow. Total monthly income runs $2,356/mo, and annual cash flow reaches $7,283/yr on $81,516 cash to close. Return on cash invested measures 28.84% in year one, and rental yield registers 11.5% at a $245,900 basis. Equity gained on principal adds $1,587/yr, and annual property appreciation at 5% supports $67,938 by year five. Five-year ROI tracks 151.96% and total cumulative return in cash totals $123,871. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,356/mo property income relative to a $1,204/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
N/A 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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