517 Gristmill LnEvermanTX76140
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Nearby investment properties with comparable prices
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 Everman at 517 Gristmill Ln, Everman, TX, 76140 at $261,000 posts ROI 20.08% with $12/mo cash flow from $1,868/mo rent. Total monthly income equals $1,868/mo, and annual cash flow records $149/yr on $86,522 to close. Return on cash invested measures 20.08% and rental yield reads 8.59% at the current $261,000. Equity gained on principal adds $1,684/yr, and 5% annual appreciation supports $72,109 by year five. Five-year ROI prints 105% and total cumulative return in cash totals $90,847.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,868/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76140, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,593 (100%) |
| Owner Occupied HU | 7,775 (67.1%) |
| Renter Occupied HU | 3,399 (29.3%) |
| Vacant Housing Units | 419 ( 3.6%) |
| Median Home Value | $245,690 |
| Average Home Value | $274,715 |
Housing Distribution
Address Breakdown
Residential
10,973
Single Family
9,593
Multi-Family
1,380
Businesses
853
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