1787 E 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 1787 E Highway 287, Groveton, TX, 75845 earns $935/mo cash flow from $2,180/mo rent with a $857/mo payment. Total monthly income totals $2,180/mo, and annual cash flow totals $11,221/yr on $58,013 capital. ROI tracks 39.25% on current figures, and rental yield reads 14.95% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 207.86% and total cumulative return in cash sums $120,583. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,180/mo property income instead of your personal income.
Single Family
Built in 1970
3 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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Listed by: Peggy Rudolph • Texas Legacy Properties
Mls Name: HAR
Mls Provider:
Mls ID: #4614507
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