491 Vz County Road 1819Grand 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
Investment property for sale in Grand Saline at 491 Vz County Road 1819, Grand Saline, TX, 75140 uses $59,339 cash to close to unlock $14,967/yr annual cash flow and $1,247/mo monthly cash flow. Total monthly income runs $2,520/mo, and a $876/mo payment keeps the spread at $1,247/mo. Purchase price stands at $179,000, and rental yield measures 16.89% with $2,520/mo rent. Return on cash invested shows 45.13% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 239.36% and total cumulative return in cash records $142,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $876/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
3.42 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: Roger Stroman • CENTURY 21 Lake Country-Emory
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24008703
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.