1511 Old Highway 287GrovetonTX75845
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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 1511 Old Highway 287, Groveton, TX, 75845 listed at $105,000 pairs $804/mo rent with a $514/mo payment to leave $57/mo cash flow. Total monthly income runs $804/mo, and annual cash flow reaches $687/yr on $34,808 cash to close. Return on cash invested measures 21.88% in year one, and rental yield registers 9.19% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 114.74% and total cumulative return in cash totals $39,938. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $804/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
7.05 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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