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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 722 Berkshire Ln, Grapevine, TX, 76051 offers $4,067/mo rent that, after a $2,765/mo payment, leaves $50/mo cash flow. Total monthly income is $4,067/mo, and annual cash flow is $595/yr on $185,885 cash. Return on cash invested measures 20.38% in year one, and rental yield stands at 8.64% at a $565,000 entry. Equity gained on principal adds $3,646/yr while 5% annual appreciation compounds into $156,099 by year five. Five-year ROI records 106.56% and total cumulative return in cash reaches $198,075. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,067/mo property income versus a $2,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
8,450 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 |
|---|---|---|
| 2024-11-29 | Price change | $565,000 |
| 2024-09-30 | Listed for sale | $585,000 |
| 2024-09-13 | Listing removed | $585,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $1581.75 | -3.95% | $549,761 | 1.48% |
| 2023-12-27 | $1646.74 | N/A | $541,717 | 21.08% |
| 2022-12-27 | N/A | N/A | $447,391 | 10.18% |
Listed by: Gail Burdine • ARC Realty DFW
Mls Name: NTREIS
Mls ID: #20674230
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.
