423 E Navasota StGroesbeckTX76642
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 423 E Navasota St, Groesbeck, TX, 76642 with 5% annual appreciation on a $128,830 basis while $1,529/mo rent supports operations. Total monthly income totals $1,529/mo and a $631/mo payment preserves $612/mo for cash returns. Annual cash flow comes to $7,349/yr on $42,707 deployed, and return on cash invested reaches 37.12% in year one. Equity gained on principal adds $831/yr, and five-year appreciation sums $35,593 alongside rental yield of 14.24%. Five-year ROI measures 196.42% and total cumulative return in cash totals $83,887.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,529/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
8,667 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices