2748 Fm 2423GrapelandTX75844
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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 Grapeland at 2748 Fm 2423, Grapeland, TX, 75844 listed at $175,000 pairs $2,426/mo rent with a $857/mo payment to leave $1,181/mo cash flow. Total monthly income runs $2,426/mo, and annual cash flow reaches $14,173/yr on $58,013 cash to close. Return on cash invested measures 44.34% in year one, and rental yield registers 16.64% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 235.16% and total cumulative return in cash totals $136,423. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,426/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
8.27 Acres 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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Listed by: Carol Goolsby • Noble Roads Realty
Mls Name: HAR
Mls Provider:
Mls ID: #21327727
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