102 Mesquite StGrangerTX76530
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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 Granger at 102 Mesquite St, Granger, TX, 76530 generates $1,426/mo in rent, after a $1,322/mo payment. Total monthly income is $1,426/mo. Return on cash invested sits at 13.28% in year one, and rental yield is 6.34% on a $269,999 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 68.52% and total cumulative return in cash sums $61,333. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,426/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
5,157 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76530, Granger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,365 (100%) |
| Owner Occupied HU | 963 (70.5%) |
| Renter Occupied HU | 273 (20.0%) |
| Vacant Housing Units | 129 ( 9.5%) |
| Median Home Value | $559,812 |
| Average Home Value | $603,920 |
Housing Distribution
Address Breakdown
Residential
921
Single Family
907
Multi-Family
14
Businesses
70
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