605 S 3rd StGrandviewTX76050
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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 Grandview at 605 S 3rd St, Grandview, TX, 76050 generates $2,548/mo in rent and, after a $1,566/mo payment, leaves $273/mo in cash flow. Total monthly income is $2,548/mo, and annual cash flow is $3,272/yr on $106,080 invested. Return on cash invested sits at 22.99% in year one, and rental yield is 9.55% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 120.59% and total cumulative return in cash sums $127,923. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,548/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76050, Grandview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,010 (100%) |
| Owner Occupied HU | 2,303 (76.5%) |
| Renter Occupied HU | 500 (16.6%) |
| Vacant Housing Units | 207 ( 6.9%) |
| Median Home Value | $450,132 |
| Average Home Value | $447,276 |
Housing Distribution
Address Breakdown
Residential
2,889
Single Family
2,809
Multi-Family
80
Businesses
193
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