1641 Choteau Cir, Grapevine, TX, 76051 | $26/mo Cash Flow

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1641 Choteau Cir, Grapevine, TX, 76051 | $26/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grapevine at 1641 Choteau Cir, Grapevine, TX, 76051 with 5% annual appreciation on a $388,500 basis while $2,789/mo rent supports operations. Total monthly income totals $2,789/mo and a $1,902/mo payment preserves $26/mo for cash returns. Annual cash flow comes to $310/yr on $128,788 deployed, and return on cash invested reaches 20.15% in year one. Equity gained on principal adds $2,507/yr, and five-year appreciation sums $107,335 alongside rental yield of 8.61%. Five-year ROI measures 105.34% and total cumulative return in cash totals $135,665.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,789/mo property income versus a $1,902/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1978

2,482 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated and move-in ready, this Grapevine townhome offers style, convenience, and a true lock-and-leave lifestyle. The renovated kitchen features new cabinetry, quartz countertops, stainless appliances, sink, faucet, and pantry, while the dining area is anchored by a sleek electric fireplace. The powder bath has been tastefully remodeled, and updated lighting adds a designer touch throughout. All bedrooms are spacious with walk-in closets, and the primary suite showcases spa-like finishes. Additional improvements include new flooring, counters, upgraded windows, and double foam insulation for energy efficiency. The washer, dryer, and refrigeratorall purchased this yearcan convey. Outside, enjoy a private backyard with a hot tub, carport, and large storage shed. The community offers a pool with remarkably low HOA dues of only $50 per month, and schools including highly regarded Dove Elementary are within walking distance. Nearby Oak Grove Park at Grapevine Lake and Dove Park with trails, courts, and splash pads provide endless recreation, while historic Main Street, wineries, shopping, dining, and festivals make Grapevine one of DFWs most sought-after locations. With quick access to DFW Airport and major highways, this turnkey property is a rare opportunity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76051, Grapevine, TX area.

Housing Distribution

Housing Statistics

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