1506 W 6th St, Mc Gregor, TX, 76657 | $275/mo Cash Flow

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1506 W 6th St, Mc Gregor, TX, 76657 | $275/mo Cash Flow | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mc Gregor at 1506 W 6th St, Mc Gregor, TX, 76657 offers a 9.81% rental yield on a $259,000 purchase with $2,117/mo rent. Total monthly income registers $2,117/mo, and a $1,268/mo payment leaves $275/mo available for distribution. Annual cash flow reaches $3,299/yr on $85,859 to close, and return on cash invested stands at 23.75% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 124.65% and total cumulative return in cash at $107,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,117/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

This beautifully remodeled 3-bedroom, 2-bath home is nestled in the highly sought-after McGregor ISD, providing the perfect blend of small-town charm and modern convenience. This home is move-in ready and designed for comfort. The spacious fenced-in backyard is ideal for entertaining guests or letting pets roam freely. For those who love their hobbies or need extra storage, the property includes a covered workshop and an RV parking area with 30/50 amp power hookups. A covered carport adds even more convenience. Located just minutes from local restaurants and shopping, this home provides the perfect balance of peaceful suburban living with easy access to amenities.

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