105 E Cate StGrand SalineTX75140
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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 Grand Saline at 105 E Cate St, Grand Saline, TX, 75140 offers $1,336/mo rent that, after a $1,150/mo payment. Total monthly income is $1,336/mo. Return on cash invested measures 14.75% in year one, and rental yield stands at 6.82% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 76.44% and total cumulative return in cash reaches $59,548. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,336/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75140, Grand Saline, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,328 (100%) |
| Owner Occupied HU | 2,273 (68.3%) |
| Renter Occupied HU | 723 (21.7%) |
| Vacant Housing Units | 332 ( 10.0%) |
| Median Home Value | $173,890 |
| Average Home Value | $256,571 |
Housing Distribution
Address Breakdown
Residential
3,018
Single Family
3,016
Multi-Family
2
Businesses
238
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Listed by: Elisabeth Baker • Screen Door Realty
Mls Name: NTREIS
Mls ID: #21132608