406 E Brazos StGroesbeckTX76642
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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 Groesbeck at 406 E Brazos St, Groesbeck, TX, 76642 earns $348/mo cash flow from $1,272/mo rent with a $636/mo payment. Total monthly income totals $1,272/mo, and annual cash flow totals $4,174/yr on $43,095 capital. ROI tracks 29.59% on current figures, and rental yield reads 11.74% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 156.02% and total cumulative return in cash sums $67,239. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,272/mo property income instead of your personal income.
Single Family
Built in 1988
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76642, Groesbeck, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,698
Single Family
2,697
Multi-Family
1
Businesses
349
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