








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Groesbeck at 220 N Calhoun St, Groesbeck, TX, 76642 uses $86,190 cash to close to unlock $728/yr annual cash flow and $61/mo monthly cash flow. Total monthly income runs $1,910/mo, and a $1,273/mo payment keeps the spread at $61/mo. Purchase price stands at $260,000, and rental yield measures 8.82% with $1,910/mo rent. Return on cash invested shows 20.75% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 108.6% and total cumulative return in cash records $93,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,910/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76642, Groesbeck, TX area.
| 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 |
Residential
2,698
Single Family
2,697
Multi-Family
1
Businesses
349
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kara McLelland • Realty Plus - Groesbeck
Mls Name: NTREIS
Mls ID: #20915846