1033 Highway 94GrovetonTX75845
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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 Groveton at 1033 Highway 94, Groveton, TX, 75845 earns from $2,390/mo rent with a $1,659/mo payment. Total monthly income totals $2,390/mo. ROI tracks 19.69% on current figures, and rental yield reads 8.46% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 102.9% and total cumulative return in cash sums $115,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,390/mo property income instead of your personal income.
Single Family
Built in 1971
2.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75845, Groveton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,635 (100%) |
| Owner Occupied HU | 994 (60.8%) |
| Renter Occupied HU | 259 (15.8%) |
| Vacant Housing Units | 382 (23.4%) |
| Median Home Value | $114,096 |
| Average Home Value | $170,719 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
99
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Listed by: Crystal Gann • GANN MEDFORD Real Estate, Inc.
Mls Name: LAR
Mls Provider:
Mls ID: #5102533
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.