197 Park Place Cir, Cresson, TX, 76035 | $687/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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197 Park Place Cir, Cresson, TX, 76035 | $687/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 Cresson at 197 Park Place Cir, Cresson, TX, 76035 offers a 9.45% rental yield on a $899,000 purchase with $7,080/mo rent. Total monthly income registers $7,080/mo, and a $4,400/mo payment leaves $687/mo available for distribution. Annual cash flow reaches $8,247/yr on $295,771 to close, and return on cash invested stands at 22.85% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 119.8% and total cumulative return in cash at $354,322. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,080/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

2.81 Acres lot

$N/A/sqft

No HOA

More details about the property

Stunning Ranch Estate on Nearly 3 Acres No HOA! Discover the perfect blend of country charm and modern convenience with this exceptional ranch-style estate, ideally situated between Granbury and Fort Worth. Nestled in Cresson, this private retreat offers an abundance of space and seclusion, surrounded by mature trees and a serene backyard oasis. Designed for both entertaining and relaxation, this spacious home features a saltwater pool and a cozy outdoor fireplace on the back porchperfect for enjoying warm summer days or cool Texas evenings. Inside, you'll find custom upgrades throughout, along with a thoughtfully designed layout that provides ample room for family and guests. The expansive upstairs game room is ideal for kids, grandkids, or hosting gatherings. Experience the best of both worldspeaceful country living just minutes from all the amenities you need. Don't miss your chance to own this slice of Texas paradise!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76035, Cresson, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,204 (100%)
Owner Occupied HU	812 (67.4%)
Renter Occupied HU	266 (22.1%)
Vacant Housing Units	126 (10.5%)
Median Home Value	$460,902
Average Home Value	$528,048