3205 Summit CtGrapevineTX76051
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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 Grapevine at 3205 Summit Ct, Grapevine, TX, 76051 with 5% annual appreciation on a $749,000 basis while $5,118/mo rent supports operations. 94% in year one. Equity gained on principal adds $4,833/yr, and five-year appreciation sums $206,935 alongside rental yield of 8.2%. Five-year ROI measures 98.86% and total cumulative return in cash totals $243,616. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,118/mo property income versus a $3,666/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
8,929 sqft lot
$N/A/sqft
$265 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
23,210
Single Family
13,855
Multi-Family
9,355
Businesses
2,026
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Listed by: Mario Moncayo • Mersaes Real Estate, Inc.
Mls Name: NTREIS
Mls ID: #20888674
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.