220 Lcr 396, Groesbeck, TX, 76642 | 6.1% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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220 Lcr 396, Groesbeck, TX, 76642 | 6.1% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Groesbeck at 220 Lcr 396, Groesbeck, TX, 76642 listed at $329,000 pairs $1,673/mo rent with a $1,610/mo payment. Total monthly income runs $1,673/mo. Return on cash invested measures 12.58% in year one, and rental yield registers 6.1% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 64.75% and total cumulative return in cash totals $70,617. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,673/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1972

13.97 Acres lot

$N/A/sqft

No HOA

More details about the property

TURNKEY COUNTRY RETREATJUST LISTED in Groesbeck! This beautifully updated 4-bedroom, 2-bath home sits on just under 14 UNRESTRICTED acres with everything youve been looking forPOND, BARN, perimeter fencing, and a gated entrance! Inside, the home has been fully renovated from the studs to the raftersbrand new metal roof, HVAC, plumbing, electrical, tape & texture, paint, floors, countertops, lighting, fixturesyou name it, its NEW. Enjoy the covered front porch, oversized carport, and open layout perfect for entertaining or relaxing after a day on the land. Hunters and hobby farmers, take note: you can hunt your own land, raise animals, or finally start that mini-farm dream. The livestock barn is ready for your tools or livestock. Conveniently located just 6 minutes from town on a county-maintained paved road, youll enjoy both peace and privacy without giving up quick access to dining, groceries, and schools. Located in highly sought-after Groesbeck ISD, only 6 minutes from the elementary and 8 minutes from the high school. Easy commute and central location in the middle of the Texas Triangle to: Waco 35 min College Station 1.5 hrs Dallas 1.5 hrs Austin - 2 hrs Houston 2.5 hrs This one checks ALL the boxes and then somedont wait!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76642, Groesbeck, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,137 (100%)
Owner Occupied HU	1,869 (59.6%)
Renter Occupied HU	597 (19.0%)
Vacant Housing Units	671 (21.4%)
Median Home Value	$228,822
Average Home Value	$332,311