1044 County Road 3230Honey GroveTX75492
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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
Rental property for sale in Honey Grove at 1044 County Road 3230, Honey Grove, TX, 75492 generates $2,513/mo in rent, after a $8,076/mo payment. Total monthly income is $2,513/mo. Return on cash invested sits at -0.33% in year one, and rental yield is 1.83% on a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation builds toward $455,865 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,513/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
128.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75492, Windom, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 293 (100%) |
| Owner Occupied HU | 202 (68.9%) |
| Renter Occupied HU | 33 (11.3%) |
| Vacant Housing Units | 58 (19.8%) |
| Median Home Value | $257,143 |
| Average Home Value | $369,072 |
Housing Distribution
Address Breakdown
Residential
166
Single Family
166
Multi-Family
0
Businesses
10
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Listed by: Stuart Hall • FRONTIER PROPERTIES REAL ESTATE, LLC
Mls Name: NTREIS
Mls ID: #21154428