2831 Creekwood Ct, Grapevine, TX, 76051 | $915/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2831 Creekwood Ct, Grapevine, TX, 76051 | $915/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grapevine at 2831 Creekwood Ct, Grapevine, TX, 76051 listed at $510,000 pairs $4,541/mo rent with a $2,496/mo payment to leave $915/mo cash flow. Total monthly income runs $4,541/mo, and annual cash flow reaches $10,974/yr on $167,790 cash to close. Return on cash invested measures 26.6% in year one, and rental yield registers 10.68% at a $510,000 basis. Equity gained on principal adds $3,291/yr, and annual property appreciation at 5% supports $140,904 by year five. Five-year ROI tracks 139.92% and total cumulative return in cash totals $234,771. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,541/mo property income relative to a $2,496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1978

10,105 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to one of the most unique properties in the desired neighborhood of Creekwood Estates, located on the other side of the community popular Parr Park! Nestled on a corner lot in a tranquil cul-de-sac, this custom home boasts beautiful mature trees that offer amazing shade and enhance the homes charming aesthetic. The spacious main living room has a cathedral ceiling & cozy fireplace, with views & direct access to the backyard courtyard. The layout is a favorite, as the home surrounds a private central courtyard accessible through three sets of french doors. The primary bedroom, living room, and family room offer stunning views and direct access to this courtyard, creating a perfect flow for entertaining. Step from the courtyard to your serene pool area and private, landscaped backyard. The kitchen is a delight with white cabinetry, quartz countertops, and stainless steel appliances. The primary suite includes cathedral ceilings and an ensuite bathroom with separate vanities and walk-in closets. Additionally, a separate office space with built-in desk and cabinets adds functionality. Freshly painted interior, HVAC is five years old, three dimensional architectural premium 40 yr shingle roof only 3 years old. Enjoy the outdoors, just a short walk away from the community popular Parr Park with its playgrounds, picnic pavilion, trails, sightseeing, and fitness areas. The park also links up to the Bear Creek trail system for extended walks or hikes. Perfect location in the sought after Grapevine Colleyville school district. Blocks from Grapevine High, middle, and elementary schools. Convenient access to highways & shopping, close to its famous downtown Grapevine, 10 minutes to DFW airport, and minutes from Southlake Town Square. See it and love it!

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