23091 Highway 64 ETroupTX75789
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
Investment Highlights
Rental property for sale in Troup at 23091 Highway 64 E, Troup, TX, 75789 generates $1,164/mo in rent and, after a $734/mo payment, leaves $98/mo in cash flow. Total monthly income is $1,164/mo, and annual cash flow is $1,173/yr on $49,692 invested. Return on cash invested sits at 22.27% in year one, and rental yield is 9.32% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 116.76% and total cumulative return in cash sums $58,019. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,164/mo property income rather than buyer’s personal income.
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
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