4720 Martha LnGrovesTX77619
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
Rental property for sale in Groves at 4720 Martha Ln, Groves, TX, 77619 priced at $269,900 converts $2,219/mo rent into $151/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,219/mo, and annual cash flow totals $1,815/yr on $89,472 invested. Return on cash invested prints 21.94% in year one, and rental yield reads 9.87% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 115.69% and total cumulative return in cash sums $103,506. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,219/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1998
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77619, Groves, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,962 (100%) |
| Owner Occupied HU | 4,562 (65.5%) |
| Renter Occupied HU | 1,768 (25.4%) |
| Vacant Housing Units | 632 ( 9.1%) |
| Median Home Value | $185,433 |
| Average Home Value | $209,054 |
Housing Distribution
Address Breakdown
Residential
6,794
Single Family
6,193
Multi-Family
601
Businesses
425
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana Bellanger • 2011 AMERICAN REAL ESTATE CO. LLC
Mls Name: HAR
Mls Provider:
Mls ID: #35053358
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.