5962 Fm 228GrapelandTX75844
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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 5962 Fm 228, Grapeland, TX, 75844 offers a 9.51% rental yield on a $150,000 purchase with $1,189/mo rent. Total monthly income registers $1,189/mo, and a $734/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,470/yr on $49,725 to close, and return on cash invested stands at 22.87% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 119.95% and total cumulative return in cash at $59,646. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,189/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1700
0.50 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: William Holcomb • Circle T Realty
Mls Name: HAR
Mls Provider:
Mls ID: #25385482
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