203 W Jordan StGrand SalineTX75140
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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 Grand Saline at 203 W Jordan St, Grand Saline, TX, 75140 at $266,500 posts ROI 23.52% with $266/mo cash flow from $2,248/mo rent. Total monthly income equals $2,248/mo, and annual cash flow records $3,195/yr on $88,345 to close. Return on cash invested measures 23.52% and rental yield reads 10.12% at the current $266,500. Equity gained on principal adds $1,720/yr, and 5% annual appreciation supports $73,629 by year five. Five-year ROI prints 123.91% and total cumulative return in cash totals $109,470.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,248/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75140, Grand Saline, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,328 (100%) |
| Owner Occupied HU | 2,273 (68.3%) |
| Renter Occupied HU | 723 (21.7%) |
| Vacant Housing Units | 332 ( 10.0%) |
| Median Home Value | $173,890 |
| Average Home Value | $256,571 |
Housing Distribution
Address Breakdown
Residential
3,018
Single Family
3,016
Multi-Family
2
Businesses
238
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Listed by: Victoria Tankersley • Tankersley Real Estate
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24013710
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.