3035 Maple AveGrovesTX77619
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
Investment property for sale in Groves at 3035 Maple Ave, Groves, TX, 77619 listed at $110,000 pairs $1,849/mo rent with a $538/mo payment to leave $922/mo cash flow. Total monthly income runs $1,849/mo, and annual cash flow reaches $11,065/yr on $36,465 cash to close. Return on cash invested measures 50.25% in year one, and rental yield registers 20.17% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 268.66% and total cumulative return in cash totals $97,968. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,849/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
8,398 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary Bisha • My Castle Realty
Mls Name: HAR
Mls Provider:
Mls ID: #60988776
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively 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. Information is deemed reliable but not guaranteed.