1324 Morningside AveGrahamTX76450
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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 Graham at 1324 Morningside Ave, Graham, TX, 76450 uses $62,322 cash to close to unlock $4,383/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $1,702/mo, and a $920/mo payment keeps the spread at $365/mo. Purchase price stands at $188,000, and rental yield measures 10.86% with $1,702/mo rent. Return on cash invested shows 26.94% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 141.83% and total cumulative return in cash records $88,388. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,702/mo property income covering a $920/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76450, Graham, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,580 (100%) |
| Owner Occupied HU | 4,090 (62.2%) |
| Renter Occupied HU | 1,370 (20.8%) |
| Vacant Housing Units | 1,120 (17.0%) |
| Median Home Value | $221,140 |
| Average Home Value | $267,604 |
Housing Distribution
Address Breakdown
Residential
5,646
Single Family
5,501
Multi-Family
145
Businesses
918
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Listed by: Cody Klapper • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20970083
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.