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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 W Jacinto St, Groesbeck, TX, 76642 priced at $133,000 converts $1,037/mo rent into $91/mo cash flow after a $651/mo obligation. Total monthly income equals $1,037/mo, and annual cash flow totals $1,094/yr on $44,090 invested. Return on cash invested prints 22.39% in year one, and rental yield reads 9.36% against a $133,000 entry. Equity gained on principal adds $858/yr, while 5% annual appreciation compiles into $36,745 by year five. Five-year ROI reaches 117.46% and total cumulative return in cash sums $51,789. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,037/mo property income covering a $651/mo payment, not borrower’s personal income.
Single Family
Built in 1956
5,532 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeri Rand • Sadler Land and Realty
Mls Name: NTREIS
Mls ID: #21044308
