185 Eagle Ridge RdMc GregorTX76657
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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 Mc Gregor at 185 Eagle Ridge Rd, Mc Gregor, TX, 76657 generates $1,603/mo in rent, after a $1,174/mo payment. Total monthly income is $1,603/mo. Return on cash invested sits at 18.36% in year one, and rental yield is 8.02% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 95.77% and total cumulative return in cash sums $76,159. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,603/mo property income rather than buyer’s personal income.
Manufactured
Built in 2006
2.85 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,412
Multi-Family
105
Businesses
253
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