424 Hoot AveGrafordTX76449
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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
Rental property for sale in Graford at 424 Hoot Ave, Graford, TX, 76449 priced at $679,900 converts $1,354/mo rent into after a $3,328/mo obligation. Total monthly income equals $1,354/mo. Return on cash invested prints 1.39% in year one, and rental yield reads 2.39% against a $679,900 entry. Equity gained on principal adds $4,387/yr, while 5% annual appreciation compiles into $187,844 by year five. Five-year ROI reaches 4.69% and total cumulative return in cash sums $10,481. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,354/mo property income covering a $3,328/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76449, Graford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,703 (100%) |
| Owner Occupied HU | 937 (34.7%) |
| Renter Occupied HU | 213 ( 7.9%) |
| Vacant Housing Units | 1,553 (57.5%) |
| Median Home Value | $315,734 |
| Average Home Value | $427,124 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,836
Multi-Family
3
Businesses
138
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Listed by: Jan Johanson • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20893494
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.