1204 Lovegrass LnKrumTX76249
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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 Krum at 1204 Lovegrass Ln, Krum, TX, 76249 offers a 7.2% rental yield on a $432,804 purchase with $2,598/mo rent. 36% in year one. Equity gained on principal adds $2,793/yr while 5% annual appreciation supports $119,576 over five years. Portfolio math shows five-year ROI at 79.83% and total cumulative return in cash at $114,535. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,598/mo property income against a $2,118/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,446 sqft lot
$N/A/sqft
$780 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76249, Krum, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,952 (100%) |
| Owner Occupied HU | 3,057 (77.4%) |
| Renter Occupied HU | 744 (18.8%) |
| Vacant Housing Units | 151 ( 3.8%) |
| Median Home Value | $449,381 |
| Average Home Value | $571,968 |
Housing Distribution
Address Breakdown
Residential
3,755
Single Family
3,590
Multi-Family
165
Businesses
218
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Listed by: Robert Powley • Escape Realty
Mls Name: NTREIS
Mls ID: #20883604
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.