288 Cinnamon Teal DrGrafordTX76449
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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
Investment property for sale in Graford at 288 Cinnamon Teal Dr, Graford, TX, 76449 uses $220,101 cash to close to unlock $3,481/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $5,047/mo, and a $3,274/mo payment keeps the spread at $290/mo. Purchase price stands at $669,000, and rental yield measures 9.05% with $5,047/mo rent. Return on cash invested shows 21.64% in year one, and 5% annual appreciation builds toward $184,832 over five years. Five-year ROI reaches 113.34% and total cumulative return in cash records $249,459. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,047/mo property income covering a $3,274/mo payment rather than investor’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76449, Graford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,703 (100%) |
| Owner Occupied HU | 937 (34.7%) |
| Renter Occupied HU | 213 ( 7.9%) |
| Vacant Housing Units | 1,553 (57.5%) |
| Median Home Value | $315,734 |
| Average Home Value | $427,124 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,836
Multi-Family
3
Businesses
138
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Listed by: David Smith • Re/Max Elite Group
Mls Name: WFAR
Mls Provider:
Mls ID: #174380
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