283 Lakeshore DrGrapelandTX75844
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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 283 Lakeshore Dr, Grapeland, TX, 75844 at $284,999 posts ROI 3.07% with from $720/mo rent. Total monthly income equals $720/mo. Return on cash invested measures 3.07% and rental yield reads 3.03% at the current $284,999. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 13.86% and total cumulative return in cash totals $13,098. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
1.94 Acres lot
$N/A/sqft
$225 annually 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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Nearby investment properties with comparable prices
Listed by: Beverly Filer • Lone Star, Realtors
Mls Name: HAR
Mls Provider:
Mls ID: #93070985
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