315 N Saline StGrand SalineTX75140
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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
Rental property for sale in Grand Saline at 315 N Saline St, Grand Saline, TX, 75140 priced at $117,980 pairs $1,750/mo rent with $911/mo cash flow after a $577/mo payment. Total monthly income equals $1,750/mo, and annual cash flow comes to $10,938/yr on $39,110 invested. Return on cash invested is 47.88% in year one, and rental yield stands at 17.8% on a $117,980 basis. Equity gained on principal adds $761/yr, and 5% annual appreciation accumulates to $32,596 by year five. Five-year ROI measures 254.07% and total cumulative return in cash reaches $99,369. For financing, Ziffy Mortgage’s DSCR program evaluates $1,750/mo property income against a $577/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75140, Grand Saline, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,328 (100%) |
| Owner Occupied HU | 2,273 (68.3%) |
| Renter Occupied HU | 723 (21.7%) |
| Vacant Housing Units | 332 ( 10.0%) |
| Median Home Value | $173,890 |
| Average Home Value | $256,571 |
Housing Distribution
Address Breakdown
Residential
3,018
Single Family
3,016
Multi-Family
2
Businesses
238
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Nearby investment properties with comparable prices
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