2746 Royal AveGrovesTX77619
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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
Investment Highlights
Investment property for sale in Groves at 2746 Royal Ave, Groves, TX, 77619 listed at $104,000 pairs $780/mo rent with a $509/mo payment to leave $40/mo cash flow. Total monthly income runs $780/mo, and annual cash flow reaches $486/yr on $34,476 cash to close. Return on cash invested measures 21.32% in year one, and rental yield registers 9% at a $104,000 basis. Equity gained on principal adds $671/yr, and annual property appreciation at 5% supports $28,733 by year five. Five-year ROI tracks 111.69% and total cumulative return in cash totals $38,508. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $780/mo property income relative to a $509/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
6,969 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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Listed by: Lisa Marino • Marino Real Estate, LLC
Mls Name: BBOR
Mls Provider:
Mls ID: #257214
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.