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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Grandview at 613 Mathew St, Grandview, TX, 76050 offers a 11.25% rental yield on a $319,999 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,566/mo payment leaves $661/mo available for distribution. Annual cash flow reaches $7,938/yr on $106,080 to close, and return on cash invested stands at 27.39% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 144.46% and total cumulative return in cash at $153,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76050, Grandview, TX area.
| 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 |
Residential
2,889
Single Family
2,809
Multi-Family
80
Businesses
193
Date | Event | Price |
|---|---|---|
| 2025-04-20 | Price change | $319,999 |
| 2025-03-04 | Price change | $324,999 |
| 2025-02-03 | Listed for sale | $344,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | N/A | N/A | $333,544 | N/A |
| 2023-07-01 | $6068.95 | -7.05% | $333,544 | 16.37% |
| 2022-07-01 | $6529.58 | 32.17% | $286,621 | 43.23% |
Listed by: Kerry Zamora • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20833954
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.
