236 S Main StGrapelandTX75844
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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
Rental property for sale in Grapeland at 236 S Main St, Grapeland, TX, 75844 offers $1,924/mo rent that, after a $1,236/mo payment, leaves $128/mo cash flow. Total monthly income is $1,924/mo, and annual cash flow is $1,539/yr on $83,704 cash. Return on cash invested measures 21.75% in year one, and rental yield stands at 9.14% at a $252,500 entry. Equity gained on principal adds $1,629/yr while 5% annual appreciation compounds into $69,761 by year five. Five-year ROI records 113.95% and total cumulative return in cash reaches $95,379. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,924/mo property income versus a $1,236/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,127 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75844, Grapeland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,063 (100%) |
| Owner Occupied HU | 1,759 (57.4%) |
| Renter Occupied HU | 443 (14.5%) |
| Vacant Housing Units | 861 (28.1%) |
| Median Home Value | $173,905 |
| Average Home Value | $225,313 |
Housing Distribution
Address Breakdown
Residential
2,224
Single Family
2,191
Multi-Family
33
Businesses
134
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