155 Mattie Moore RdGrovetonTX75845
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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 Groveton at 155 Mattie Moore Rd, Groveton, TX, 75845 priced at $149,000 converts $1,046/mo rent into after a $729/mo obligation. Total monthly income equals $1,046/mo. Return on cash invested prints 19.59% in year one, and rental yield reads 8.42% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 102.36% and total cumulative return in cash sums $50,560. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,046/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.90 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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