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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Graford at 1037 Chapel Ridge Rd, Graford, TX, 76449 offers $1,334/mo rent that, after a $2,442/mo payment. Total monthly income is $1,334/mo. Return on cash invested measures -0.67% in year one, and rental yield stands at 3.21% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,334/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2014
2,395 sqft lot
$N/A/sqft
$6,900 annually HOA
Neighborhood data shown for ZIP Code: 76449, Graford, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,703 (100%) |
| Owner Occupied HU | 937 (34.7%) |
| Renter Occupied HU | 213 ( 7.9%) |
| Vacant Housing Units | 1,553 (57.5%) |
| Median Home Value | $315,734 |
| Average Home Value | $427,124 |
Residential
1,839
Single Family
1,836
Multi-Family
3
Businesses
138
Date | Event | Price |
|---|---|---|
| 2024-10-22 | Price change | $499,000 |
| 2024-02-01 | Listed for sale | $519,900 |
| 2024-01-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $8860.55 | 16.41% | $493,420 | 26.21% |
| 2023-12-27 | $7611.36 | -4.62% | $390,960 | N/A |
| 2022-12-27 | $7979.77 | -2.77% | $390,960 | 8.71% |
Listed by: Mark Barnes • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20522154
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
