1185 Green Elm RdPossum Kingdom LakeTX76449
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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
Investment property for sale in Possum Kingdom Lake at 1185 Green Elm Rd, Possum Kingdom Lake, TX, 76449 uses $171,047 cash to close to unlock $3,007/yr annual cash flow and $251/mo monthly cash flow. Total monthly income runs $3,948/mo, and a $2,545/mo payment keeps the spread at $251/mo. Purchase price stands at $519,900, and rental yield measures 9.11% with $3,948/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 114.27% and total cumulative return in cash records $195,448. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,948/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76449, Graford, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,836
Multi-Family
3
Businesses
138
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Listed by: Wendy Farquhar • Clark Real Estate Group
Mls Name: NTREIS
Mls ID: #21126850