Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Groesbeck at 308 N Dallas St, Groesbeck, TX, 76642 priced at $169,900 pairs $1,068/mo rent with after a $832/mo payment. Total monthly income equals $1,068/mo. Return on cash invested is 16.91% in year one, and rental yield stands at 7.54% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 88.04% and total cumulative return in cash reaches $49,586. For financing, Ziffy Mortgage’s DSCR program evaluates $1,068/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1987
6,555 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76642, Groesbeck, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,137 (100%) |
| Owner Occupied HU | 1,869 (59.6%) |
| Renter Occupied HU | 597 (19.0%) |
| Vacant Housing Units | 671 (21.4%) |
| Median Home Value | $228,822 |
| Average Home Value | $332,311 |
Residential
2,698
Single Family
2,697
Multi-Family
1
Businesses
349
Date | Event | Price |
|---|---|---|
| 2025-01-05 | Price change | $169,900 |
| 2024-11-13 | Price change | $174,000 |
| 2024-09-26 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1331.31 | 2.49% | $59,220 | 6.55% |
| 2023-02-13 | $1298.95 | -3.04% | $55,580 | 15.10% |
| 2022-02-13 | $1339.71 | -1.89% | $48,290 | 1.94% |
Listed by: Lisa Keefe • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #36449691
Disclaimer: Copyright 2025, 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.
