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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Blooming Grove at 108 W Forgey St, Blooming Grove, TX, 76626 priced at $198,500 converts $1,573/mo rent into $161/mo cash flow after a $972/mo obligation. Total monthly income equals $1,573/mo, and annual cash flow totals $1,932/yr on $65,803 invested. Return on cash invested prints 22.84% in year one, and rental yield reads 9.51% against a $198,500 entry. Equity gained on principal adds $1,281/yr, while 5% annual appreciation compiles into $54,842 by year five. Five-year ROI reaches 119.78% and total cumulative return in cash sums $78,821. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,573/mo property income covering a $972/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76626, Blooming Grove, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 717 (100%) |
| Owner Occupied HU | 501 (69.9%) |
| Renter Occupied HU | 118 (16.5%) |
| Vacant Housing Units | 98 (13.7%) |
| Median Home Value | $200,385 |
| Average Home Value | $227,949 |
Residential
556
Single Family
555
Multi-Family
1
Businesses
40
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Listed for sale | $198,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $928.49 | 15.98% | $105,588 | 10.00% |
| 2023-02-13 | $800.55 | N/A | $95,989 | 10.00% |
| 2022-02-13 | N/A | N/A | $87,263 | 10.00% |
Listed by: Gayla Gober • CIGI Properties, LLC
Mls Name: NTREIS
Mls ID: #20825341
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.
