1015 S Adams StMc GregorTX76657
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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 Mc Gregor at 1015 S Adams St, Mc Gregor, TX, 76657 offers a 9.96% rental yield on a $249,000 purchase with $2,066/mo rent. Total monthly income registers $2,066/mo, and a $1,219/mo payment leaves $295/mo available for distribution. Annual cash flow reaches $3,541/yr on $82,544 to close, and return on cash invested stands at 24.2% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 127.11% and total cumulative return in cash at $104,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,066/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
7,274 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76657, Mc Gregor, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,468 (100%) |
| Owner Occupied HU | 3,267 (73.1%) |
| Renter Occupied HU | 936 (20.9%) |
| Vacant Housing Units | 265 ( 5.9%) |
| Median Home Value | $383,184 |
| Average Home Value | $412,210 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,412
Multi-Family
105
Businesses
253
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