412 Selkirk StGrapelandTX75844
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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 Grapeland at 412 Selkirk St, Grapeland, TX, 75844 listed at $109,000 pairs $2,843/mo rent with a $534/mo payment to leave $2,067/mo cash flow. Total monthly income runs $2,843/mo, and annual cash flow reaches $24,809/yr on $36,134 cash to close. Return on cash invested measures 88.57% in year one, and rental yield registers 31.3% at a $109,000 basis. Equity gained on principal adds $703/yr, and annual property appreciation at 5% supports $30,115 by year five. Five-year ROI tracks 472.31% and total cumulative return in cash totals $170,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,843/mo property income relative to a $534/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75844, Grapeland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,063 (100%) |
| Owner Occupied HU | 1,759 (57.4%) |
| Renter Occupied HU | 443 (14.5%) |
| Vacant Housing Units | 861 (28.1%) |
| Median Home Value | $173,905 |
| Average Home Value | $225,313 |
Housing Distribution
Address Breakdown
Residential
2,224
Single Family
2,191
Multi-Family
33
Businesses
134
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Listed by: Sonny Tunstall • Sonny Tunstall Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #62988075
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