212 N Manry AveGrovetonTX75845
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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 212 N Manry Ave, Groveton, TX, 75845 listed at $180,000 pairs $1,170/mo rent with a $881/mo payment. Total monthly income runs $1,170/mo. Return on cash invested measures 17.7% in year one, and rental yield registers 7.8% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 92.17% and total cumulative return in cash totals $55,001. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,170/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2005
0.50 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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