Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Grapevine at 1242 Laguna Vista Way, Grapevine, TX, 76051 offers $3,672/mo rent that, after a $2,423/mo payment, leaves $152/mo cash flow. Total monthly income is $3,672/mo, and annual cash flow is $1,821/yr on $164,093 cash. Return on cash invested measures 21.02% in year one, and rental yield stands at 8.9% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 110.01% and total cumulative return in cash reaches $180,514. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,672/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76051, Grapevine, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,607 (100%) |
| Owner Occupied HU | 11,323 (48.0%) |
| Renter Occupied HU | 11,128 (47.1%) |
| Vacant Housing Units | 1,156 ( 4.9%) |
| Median Home Value | $478,822 |
| Average Home Value | $525,786 |
Residential
23,210
Single Family
13,855
Multi-Family
9,355
Businesses
2,026
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Contingent | $495,000 |
| 2025-06-12 | Price change | $495,000 |
| 2025-05-29 | Price change | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1649.83 | -2.86% | $509,986 | 7.82% |
| 2023-07-01 | $1698.36 | -12.41% | $473,007 | 41.15% |
| 2022-07-01 | $1938.88 | -1.53% | $335,098 | -0.68% |
Listed by: Bobbie Moody • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #20869594
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.
