23091 Highway 64 ETroupTX75789
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.32% yield at 23091 Highway 64 E, Troup, TX, 75789 in Troup is solid, but the $674/mo payment compresses net cash flow to $98/mo at $149,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $41,415 by year five, and $1,381/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.73) without U.S. income documentation. Total projected return: $63,779.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $98 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,164 |
| Total Monthly Debt Service | $1,006 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75789, Troup, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,596 (100%) |
| Owner Occupied HU | 2,627 (73.1%) |
| Renter Occupied HU | 630 (17.5%) |
| Vacant Housing Units | 339 ( 9.4%) |
| Median Home Value | $266,511 |
| Average Home Value | $326,061 |
Housing Distribution
Address Breakdown
Residential
3,320
Single Family
3,310
Multi-Family
10
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75789, Troup, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,596 (100%) |
| Owner Occupied HU | 2,627 (73.1%) |
| Renter Occupied HU | 630 (17.5%) |
| Vacant Housing Units | 339 ( 9.4%) |
| Median Home Value | $266,511 |
| Average Home Value | $326,061 |
Housing Distribution
Address Breakdown
Residential
3,320
Single Family
3,310
Multi-Family
10
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
