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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Grapevine at 3211 Summerfield Dr, Grapevine, TX, 76051 generates $4,067/mo in rent, after a $2,986/mo payment. Total monthly income is $4,067/mo. Return on cash invested sits at 18.39% in year one, and rental yield is 8% on a $610,000 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 95.93% and total cumulative return in cash sums $192,523. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,067/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
8,189 sqft lot
$N/A/sqft
$90 annually HOA
Neighborhood data shown for ZIP Code: 76051, Grapevine, TX area.
| 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 |
Residential
23,210
Single Family
13,855
Multi-Family
9,355
Businesses
2,026
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Price change | $610,000 |
| 2024-12-24 | Listed for sale | $620,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $1758.79 | -5.52% | $571,717 | 4.49% |
| 2023-02-12 | $1861.53 | -22.75% | $547,166 | 25.56% |
| 2022-02-12 | $2409.68 | 9.06% | $435,781 | 15.10% |
Listed by: Kim Briggs • Keller Williams Heritage West
Mls Name: NTREIS
Mls ID: #20798675
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.
