11535 Gristmill Grange DrCrosbyTX77532
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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 Crosby at 11535 Gristmill Grange Dr, Crosby, TX, 77532 generates $2,836/mo in rent and, after a $1,223/mo payment, leaves $1,011/mo in cash flow. Total monthly income is $2,836/mo, and annual cash flow is $12,134/yr on $82,842 invested. Return on cash invested sits at 34.56% in year one, and rental yield is 13.62% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 182.88% and total cumulative return in cash sums $151,502. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,836/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
4,800 sqft lot
$N/A/sqft
$575 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77532, Crosby, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,959 (100%) |
| Owner Occupied HU | 10,830 (77.6%) |
| Renter Occupied HU | 2,376 (17.0%) |
| Vacant Housing Units | 753 ( 5.4%) |
| Median Home Value | $295,326 |
| Average Home Value | $329,899 |
Housing Distribution
Address Breakdown
Residential
13,454
Single Family
13,004
Multi-Family
450
Businesses
669
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Listed by: Jared Turner • Century Communities
Mls Name: HAR
Mls Provider:
Mls ID: #48422009
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