429 County Road 2720Honey GroveTX75446
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 Honey Grove at 429 County Road 2720, Honey Grove, TX, 75446 earns from $1,426/mo rent with a $1,566/mo payment. Total monthly income totals $1,426/mo. ROI tracks 10.3% on current figures, and rental yield reads 5.35% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 52.54% and total cumulative return in cash sums $55,731. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,426/mo property income instead of your personal income.
Single Family
Built in 2023
9.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75446, Honey Grove, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 999 (65.8%) |
| Renter Occupied HU | 316 (20.8%) |
| Vacant Housing Units | 203 (13.4%) |
| Median Home Value | $297,454 |
| Average Home Value | $398,193 |
Housing Distribution
Address Breakdown
Residential
1,468
Single Family
1,436
Multi-Family
32
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Landon Womack • Century 21 First Group
Mls Name: NTREIS
Mls ID: #20745344
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.