921 N Montgomery StGilmerTX75644
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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 921 N Montgomery St, Gilmer, TX, 75644 priced at $294,999 pairs $2,743/mo rent with $645/mo cash flow after a $1,444/mo payment. Total monthly income equals $2,743/mo, and annual cash flow comes to $7,741/yr on $97,792 invested. Return on cash invested is 27.82% in year one, and rental yield stands at 11.16% on a $294,999 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 146.54% and total cumulative return in cash reaches $143,306. For financing, Ziffy Mortgage’s DSCR program evaluates $2,743/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1938
0.34 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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Listed by: Kylie R Hicks • Texas Real Estate Executives, The Daniels Group - Gilmer
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20256399
Disclaimer: Copyright 2025 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.