








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 2006 Forest Hills Rd, Grapevine, TX, 76051 offers a 5.76% rental yield on a $675,000 purchase with $3,240/mo rent. 63% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 59.62% and total cumulative return in cash at $132,411. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,240/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.28 Acres 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 |
|---|---|---|
| 2025-06-25 | Listed for sale | $675,000 |
| 2025-06-25 | Listing removed | $1,225,000 |
| 2025-06-14 | Listed for sale | $1,225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $825.02 | -4.53% | $507,642 | 8.57% |
| 2023-06-25 | $864.16 | N/A | $467,559 | 7.24% |
| 2022-06-25 | N/A | N/A | $435,986 | 13.99% |



Listed by: Ali Merchant • Merchant Realty Group
Mls Name: NTREIS
Mls ID: #20978782
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.