








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 946 Kings Canyon Dr, Grapevine, TX, 76051 offers $3,181/mo rent that, after a $2,422/mo payment. Total monthly income is $3,181/mo. Return on cash invested measures 17.44% in year one, and rental yield stands at 7.71% at a $494,900 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,732 by year five. Five-year ROI records 90.78% and total cumulative return in cash reaches $148,935. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,181/mo property income versus a $2,422/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
9,016 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 |
|---|---|---|
| 2024-12-04 | Listed for sale | $494,900 |
| 2015-10-09 | Sold | N/A |
| 2015-09-01 | Listed for sale | $249,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $1399.12 | -5.65% | $446,012 | 6.89% |
| 2023-12-27 | $1482.89 | N/A | $417,250 | 15.47% |
| 2022-12-27 | N/A | N/A | $361,347 | 14.84% |



Listed by: Karla Davis • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20789116
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.