2640 Wickersham CtGrapevineTX76051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grapevine at 2640 Wickersham Ct, Grapevine, TX, 76051 generates $4,067/mo in rent, after a $3,010/mo payment. Total monthly income is $4,067/mo. Return on cash invested sits at 18.24% in year one, and rental yield is 7.94% on a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 95.1% and total cumulative return in cash sums $192,413. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,067/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76051, Grapevine, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,210
Single Family
13,855
Multi-Family
9,355
Businesses
2,026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices