713 N Washington StGrand SalineTX75140
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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 Grand Saline at 713 N Washington St, Grand Saline, TX, 75140 with 5% annual appreciation on a $259,900 basis while $2,401/mo rent supports operations. Total monthly income totals $2,401/mo and a $1,272/mo payment preserves $553/mo for cash returns. Annual cash flow comes to $6,635/yr on $86,157 deployed, and return on cash invested reaches 27.61% in year one. Equity gained on principal adds $1,677/yr, and five-year appreciation sums $71,806 alongside rental yield of 11.09%. Five-year ROI measures 145.34% and total cumulative return in cash totals $125,218.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,401/mo property income versus a $1,272/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75140, Grand Saline, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,328 (100%) |
| Owner Occupied HU | 2,273 (68.3%) |
| Renter Occupied HU | 723 (21.7%) |
| Vacant Housing Units | 332 ( 10.0%) |
| Median Home Value | $173,890 |
| Average Home Value | $256,571 |
Housing Distribution
Address Breakdown
Residential
3,018
Single Family
3,016
Multi-Family
2
Businesses
238
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Listed by: Sandra Bullard • Move Here Realty
Mls Name: GTARMLS
Mls ID: #25013546