403 N Florence 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
Total monthly income runs $1,525/mo, and a $1,101/mo payment. Purchase price stands at $225,000, and rental yield measures 8.13% with $1,525/mo rent. Return on cash invested shows 18.71% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 97.65% and total cumulative return in cash records $72,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,525/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1961
3.64 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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Listed by: Sherry Scott Moore • Century 21 NexGen Realty
Mls Name: NTREIS
Mls ID: #21049445