1213 Lakeside DrGrand SalineTX75140
Nearby investment properties with comparable rents
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
Investment property for sale in Grand Saline at 1213 Lakeside Dr, Grand Saline, TX, 75140 at $275,000 posts ROI 29.05% with $694/mo cash flow from $2,650/mo rent. Total monthly income equals $2,650/mo, and annual cash flow records $8,333/yr on $91,163 to close. Return on cash invested measures 29.05% and rental yield reads 11.56% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 153.1% and total cumulative return in cash totals $139,571.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,650/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
0.33 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: Robert Mcatee Jr. • McAtee Realty - Athens
Mls Name: Henderson County BOR
Mls ID: #109549
Disclaimer: Copyright Henderson County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.