796 Fm 1255Grand SalineTX75140
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
Investment property for sale in Grand Saline at 796 Fm 1255, Grand Saline, TX, 75140 uses $75,251 cash to close to unlock $12,154/yr annual cash flow and $1,013/mo monthly cash flow. Total monthly income runs $2,627/mo, and a $1,111/mo payment keeps the spread at $1,013/mo. Purchase price stands at $227,000, and rental yield measures 13.89% with $2,627/mo rent. Return on cash invested shows 36.06% in year one, and 5% annual appreciation builds toward $62,716 over five years. Five-year ROI reaches 190.68% and total cumulative return in cash records $143,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,627/mo property income covering a $1,111/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
10.89 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Moomaw • Regal, REALTORS
Mls Name: NTREIS
Mls ID: #20503742
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.