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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% |
Rental property for sale in Grapevine at 719 Cory St, Grapevine, TX, 76051 priced at $310,000 converts $2,537/mo rent into $333/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,537/mo, and annual cash flow totals $3,994/yr on $102,765 invested. Return on cash invested prints 23.8% in year one, and rental yield reads 9.82% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 124.89% and total cumulative return in cash sums $128,347. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,537/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1983
3,441 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76051, Grapevine, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,607 (100%) |
| Owner Occupied HU | 11,323 (48.0%) |
| Renter Occupied HU | 11,128 (47.1%) |
| Vacant Housing Units | 1,156 ( 4.9%) |
| Median Home Value | $478,822 |
| Average Home Value | $525,786 |
Residential
23,210
Single Family
13,855
Multi-Family
9,355
Businesses
2,026
Date | Event | Price |
|---|---|---|
| 2025-05-25 | Listed for sale | $310,000 |
| 2025-05-13 | Listing removed | $310,000 |
| 2025-04-28 | Contingent | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-26 | $1408.51 | 3.81% | $292,052 | 7.88% |
| 2023-05-26 | $1356.82 | 0.08% | $270,730 | 15.54% |
| 2022-05-26 | $1355.71 | 31.01% | $234,309 | 32.14% |
Listed by: Jane Clemons • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20904610
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.
