701 Spivey RdGrapelandTX75844
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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 Grapeland at 701 Spivey Rd, Grapeland, TX, 75844 priced at $225,000 pairs $1,521/mo rent with after a $1,101/mo payment. Total monthly income equals $1,521/mo. Return on cash invested is 18.64% in year one, and rental yield stands at 8.11% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 97.28% and total cumulative return in cash reaches $72,561. For financing, Ziffy Mortgage’s DSCR program evaluates $1,521/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
5.71 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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