661 Harvey StGrandviewTX76050
Nearby investment properties with comparable rents
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
Rental property for sale in Grandview at 661 Harvey St, Grandview, TX, 76050 priced at $309,990 pairs $2,227/mo rent with $23/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,227/mo, and annual cash flow comes to $274/yr on $102,762 invested. Return on cash invested is 20.18% in year one, and rental yield stands at 8.62% on a $309,990 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,645 by year five. Five-year ROI measures 105.49% and total cumulative return in cash reaches $108,400. For financing, Ziffy Mortgage’s DSCR program evaluates $2,227/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
7,318 sqft 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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