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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 Ennis at 1207 Grand View Dr, Ennis, TX, 75119 priced at $288,085 converts $3,238/mo rent into $1,166/mo cash flow after a $1,410/mo obligation. Total monthly income equals $3,238/mo, and annual cash flow totals $13,998/yr on $95,500 invested. Return on cash invested prints 34.57% in year one, and rental yield reads 13.49% against a $288,085 entry. Equity gained on principal adds $1,859/yr, while 5% annual appreciation compiles into $79,593 by year five. Five-year ROI reaches 182.78% and total cumulative return in cash sums $174,555. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,238/mo property income covering a $1,410/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,960 sqft lot
$N/A/sqft
$275 annually HOA
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Price change | $288,085 |
| 2024-07-08 | Pending sale | $274,085 |
| 2024-06-25 | Price change | $274,085 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1066.25 | N/A | $49,500 | N/A |
Listed by: Bryan Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20522242
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.
