1607 Garmon StCrandallTX75114
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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 Crandall at 1607 Garmon St, Crandall, TX, 75114 with 5% annual appreciation on a $308,175 basis while $2,911/mo rent supports operations. Total monthly income totals $2,911/mo and a $1,508/mo payment preserves $657/mo for cash returns. Annual cash flow comes to $7,889/yr on $102,160 deployed, and return on cash invested reaches 27.63% in year one. Equity gained on principal adds $1,989/yr, and five-year appreciation sums $85,143 alongside rental yield of 11.34%. Five-year ROI measures 145.73% and total cumulative return in cash totals $148,882.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,911/mo property income versus a $1,508/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
4,504 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75114, Crandall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,446 (100%) |
| Owner Occupied HU | 4,703 (86.4%) |
| Renter Occupied HU | 355 ( 6.5%) |
| Vacant Housing Units | 388 ( 7.1%) |
| Median Home Value | $349,344 |
| Average Home Value | $383,560 |
Housing Distribution
Address Breakdown
Residential
4,537
Single Family
4,537
Multi-Family
0
Businesses
204
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Listed by: Bryan Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20665166
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.