404 W 6th St, Mc Gregor, TX, 76657 | 4.19% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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404 W 6th St, Mc Gregor, TX, 76657 | 4.19% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mc Gregor at 404 W 6th St, Mc Gregor, TX, 76657 earns from $1,029/mo rent with a $1,444/mo payment. Total monthly income totals $1,029/mo. ROI tracks 6.79% on current figures, and rental yield reads 4.19% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 33.76% and total cumulative return in cash sums $33,014. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,029/mo property income instead of your personal income.

Single Family

Built in 1910

8,450 sqft lot

$N/A/sqft

No HOA

More details about the property

Stunning 1910 restoration with modern luxury throughout! Step into timeless elegance with this fully restored 1910 home, seamlessly blending historic character with every modern convenience. This home has 3 bedrooms, 3 full bathrooms and 1 half bath. Reimagined from top to bottom while preserving its original charm. The showplace kitchen is an entertainer's dream, featuring a commercial grade gas range, double door refrigerater, freezer, dishwasher, vent a hood, and gorgeous quartz countertops with a spacious island, perfect for gatherings. A dedicated mudroom and laundry room add everyday convenience. The builder-added second level expands the living possiblities with a versatile space ideal for a movie area, reading nook, or an office, accompanied by a full bathroom. Enjoy outdoor living on the large covered front porch, perfect for relaxing or in the spacious backyard complete with an electric gate, fire pit and ample room for entertaining or gardening. Historic touches such as reclaimed brick and stained glass accents honor the home's origins, while extensive renovations provide peace of mind. New roof, wiring and electrical breaker box and meter base, plumbing, HVAC, spray foam insulation in the roof, tankless water heater, drywall and flooring-all newly installed. This extraordinary property is truly one of a kind and must be experienced in person to be fully appreciated.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76657, Mc Gregor, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,468 (100%)
Owner Occupied HU	3,267 (73.1%)
Renter Occupied HU	936 (20.9%)
Vacant Housing Units	265 ( 5.9%)
Median Home Value	$383,184
Average Home Value	$412,210