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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Grapevine at 1902 Cobbs Dr, Grapevine, TX, 76051 listed at $624,900 pairs $6,509/mo rent with a $3,059/mo payment to leave $2,065/mo cash flow. Total monthly income runs $6,509/mo, and annual cash flow reaches $24,778/yr on $205,592 cash to close. Return on cash invested measures 32.11% in year one, and rental yield registers 12.5% at a $624,900 basis. Equity gained on principal adds $4,032/yr, and annual property appreciation at 5% supports $172,648 by year five. Five-year ROI tracks 169.47% and total cumulative return in cash totals $348,413. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,509/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
8,450 sqft 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 |
|---|---|---|
| 2024-08-11 | Price change | $624,900 |
| 2024-07-12 | Listed for sale | $639,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2750.28 | 3.71% | $548,770 | 19.74% |
| 2022-08-14 | $2651.78 | 20.56% | $458,311 | 21.60% |
| 2021-08-14 | $2199.57 | 7.55% | $376,897 | 8.47% |
Listed by: Amy Beyer • Real
Mls Name: NTREIS
Mls ID: #20667483
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.
