4990 Fm 17Grand 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 $1,883/mo, and a $1,640/mo payment. Purchase price stands at $335,000, and rental yield measures 6.75% with $1,883/mo rent. Return on cash invested shows 14.51% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 75.13% and total cumulative return in cash records $83,432. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,883/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
16.30 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: Cathy West • Exit Realty Pro
Mls Name: NTREIS
Mls ID: #21024669
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.