317 N Green 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
Investment property for sale in Grand Saline at 317 N Green St, Grand Saline, TX, 75140 listed at $229,000 pairs $3,154/mo rent with a $1,121/mo payment to leave $1,525/mo cash flow. Total monthly income runs $3,154/mo, and annual cash flow reaches $18,305/yr on $75,914 cash to close. Return on cash invested measures 44.02% in year one, and rental yield registers 16.53% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 233.39% and total cumulative return in cash totals $177,173. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,154/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
8,624 sqft 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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Listed by: Karrie Rodgers • Exit Realty Pro
Mls Name: NTREIS
Mls ID: #20563509
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.