2121 W Us 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 2121 W Us Highway 287, Groveton, TX, 75845 earns $1,872/mo cash flow from $3,401/mo rent with a $1,052/mo payment. Total monthly income totals $3,401/mo, and annual cash flow totals $22,469/yr on $71,273 capital. ROI tracks 51.43% on current figures, and rental yield reads 18.98% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 273.15% and total cumulative return in cash sums $194,677. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,401/mo property income instead of your personal income.
Manufactured
Built in 2022
1.50 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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Listed by: Donna Dixon • Legacy Real Estate Group
Mls Name: HAR
Mls Provider:
Mls ID: #63880859
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