408 W Trinity 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
Rental property for sale in Groesbeck at 408 W Trinity St, Groesbeck, TX, 76642 generates $884/mo in rent and, after a $562/mo payment, leaves $67/mo in cash flow. Total monthly income is $884/mo, and annual cash flow is $808/yr on $38,089 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 9.23% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 115.5% and total cumulative return in cash sums $43,994. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $884/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
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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