2330 Little John LnGrovesTX77619
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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
Investment property for sale in Groves at 2330 Little John Ln, Groves, TX, 77619 at $246,600 posts ROI 27% with $483/mo cash flow from $2,237/mo rent. Total monthly income equals $2,237/mo, and annual cash flow records $5,800/yr on $81,748 to close. Return on cash invested measures 27% and rental yield reads 10.89% at the current $246,600. Equity gained on principal adds $1,591/yr, and 5% annual appreciation supports $68,131 by year five. Five-year ROI prints 142.12% and total cumulative return in cash totals $116,182.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,237/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
6,825 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77619, Groves, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,962 (100%) |
| Owner Occupied HU | 4,562 (65.5%) |
| Renter Occupied HU | 1,768 (25.4%) |
| Vacant Housing Units | 632 ( 9.1%) |
| Median Home Value | $185,433 |
| Average Home Value | $209,054 |
Housing Distribution
Address Breakdown
Residential
6,794
Single Family
6,193
Multi-Family
601
Businesses
425
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